Portsmouth has finally posted its long-overdue financial reports — the first since February 2025 — but key FY25 year-end results, which are normally available by early fall, are still missing.
After I raised concerns about the lack of financial reporting at the Audit Committee meeting and in my recent letter to the editor, it’s encouraging to see some movement toward greater transparency.
As a finance professional, I know how important reliable data is for any organization — especially one managing tens of millions of taxpayer dollars. Posting these reports is a good first step, but lasting accountability means making this openness routine, not reactive.
The public has a right to clear, timely financial information. Monthly reports and year-end results shouldn’t appear only after questions are raised; they should be standard practice — a cornerstone of good governance. The City Council also depends on timely information to make informed, responsible decisions and to effectively implement policies that promote a sustainable financial future for our community.
Competence. Transparency. Accountability.
That’s the standard Portsmouth should expect — and it’s the one I’ll keep working for.
Leave a Reply