Martinsville posts new budget book and FY 2025 audit

Martinsville residents now have two key city finance documents available for review after the new fiscal year started.

The city says the FY 2026-27 budget book is available now that the budget, rates and fees went into effect on July 1, 2026. Martinsville also posted the FY 2025 audit, the city's most recent financial audit.

The notice is a practical checkpoint for residents following taxes, rates, city services, water and wastewater funding, public safety spending, school support and capital projects. The documents give residents a source to review before upcoming public hearings or council discussions.

• What to know: The city directs residents to the Finance Department page for the budget and audit documents.
• Who is affected: Martinsville taxpayers, utility customers, civic groups, business owners and residents tracking city service levels.
• Why it matters: Budget books and audits are the primary records residents can use to compare city priorities with actual financial results.

Residents can use the documents to prepare questions for City Council or to track how the new fiscal year changes fees, rates and spending priorities.

Source: Reporting based on the City of Martinsville's July 8, 2026 Government News Flash item, FY 2026-27 Budget Book and FY 2025 Audit, checked July 11, 2026.