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Rockwood mayor says city has money for bills

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By Cindy Simpson

In response to rumors about the state of the city’s finances, Rockwood Mayor James Watts made a point to reassure residents concerned about the city’s dwindling rainy-day fund.
“I don’t want folks to think we don’t have enough money to pay our bills,” said Watts at a recent meeting. “We do.”
He said he recently checked the bank account and found the city had about $500,000 in the bank.
City funds fluctuate as bills are paid and revenues come in, so the amount in the account varies as things like payroll are paid out and sales tax rolls in.


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Roane County News | circulation@roanecounty.com | 865-376-3481
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