City of Hopewell, Virginia
Academic, Operational & Administrative Performance Assessment (2013–2015)
Executive Summary
Engaged after the Commonwealth of Virginia designated the City of Hopewell as fiscally distressed, The Robert Bobb Group led a comprehensive financial stabilization and remediation effort to restore compliance, rebuild reporting integrity, and establish a sustainable foundation for sound financial governance.
The Challenge
Designated fiscally distressed by the Commonwealth’s Auditor of Public Accounts (APA)
Years of financial instability, including repeated audit disclaimers
No unmodified audit opinion since 2014 and no completed financial statements since 2019
Unreliable financial reporting and weakened internal controls
Significant compliance, governance, and operational risk
Our Role
RBG was engaged to lead emergency financial remediation and stabilization efforts, including:
Delivering Financial Remediation Services to stabilize City financial operations
Designing and implementing Standard Operating Procedures (SOPs to ensure compliance with Virginia audit requirements
Developing a comprehensive ERP remediation and modernization work plan
Implementing critical system modules to improve controls, security, and workflow efficiency
Standardizing financial practices across departments
Clearing audit backlogs and restoring disciplined, reliable financial reporting
The Outcome
Restored compliant financial operations and governance discipline
Re-established reliable, auditable financial reporting processes
Strengthened internal controls and financial oversight
Improved transparency and accountability across City operations
Positioned the City on a sustainable path toward fiscal stability, compliance, and restored public trust
Capabilities Applied
Financial Recovery & Turnaround
Operational Stabilization
Compliance & Audit Remediation
ERP Modernization
Governance & Controls
Public Sector Turnaround
The Robert Bobb Group
Public-Sector Advisory for Complex Projects and High-Risk Programs