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Independent audit shows Vicksburg in strong financial position



Vicksburg Mayor George Flaggs, Jr. (Courtesy City of Vicksburg)

An independent audit report of Vicksburg’s finances from 2020 shows the city to be in a strong financial position.

The report was conducted by Booker T. Camper, Jr. and shows the city’s assets in 2020 was $231.7 million, which is an increase from $231.6 million reported in 2019.

“Contributing to our strong financial position, the City’s general fund balance as a percent of operating revenues is 44.23%,” stated Mayor Flaggs. “This is just one more reason why we’ll continue budgeting 97% of the previous year’s budget going forward”

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