Bristol, Virginia is one of four financially distressed localities cited last week by the Virginia Auditor of Public Accounts.
Bristol Virginia is “City A” as mentioned last week when Auditor of Public Accounts Martha S. Mavredes spoke during a meeting with the state’s new Joint Subcommittee on Local Government Fiscal Stress, City Manager Randy Eads confirmed Monday.
The four localities, two cities and two counties, came on the state’s radar through a new warning system devised after Petersburg experienced its financial crisis in 2016.