The Greenwood Finance Department is committed to transparency in fiscal management, recording and reporting. The department oversees all city funds by creating, analyzing and managing annual budgets. The department provides payroll services to 230+ employees, manages debt obligations, and oversees all municipal financial transactions.
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City Utilities
Citizens Budget
The Citizens Budget was created to provide high-level, easily digestible financial information to Greenwood residents. We want to make it as easy as possible for you to be informed.
2025 Citizens Budget
Financial Transparency Portal
As part of Greenwood's commitment to transparency in all aspects of government, this website is designed to help you understand how the city spends and receives money.
Visit Portal
Current Financial Reports
The Finance Department completes a quarterly review to measure Greenwood’s long-term financial goals:
- Practice fiscal discipline, operate structurally balanced budgets
- Rebuild balances for major funds, specifically the Rainy Day Fund
- Issue highest level of financial reporting available
- Increase financial transparency and compliance
Current City Financial Reports
Redevelopment Commission Financial Reports
Annual Budget
Thanks to dedicated fiscal planning and management, Greenwood enjoys a positive financial position.
The city’s Rainy Day Fund and reserves have increased by more than 30 percent from 2012. Every city account is now close to or above a 50 percent reserve, and Standard & Poor’s Rating Services recently increased Greenwood’s credit rating two notches to A+.
2025 Proposed Budget Summaries
2024 Approved Annual Budget
2023 Annual Budget
Audited Financial Statements
