Town Leaders

We strive to make sure we retain that sense of character that continues to make Wake Forest the ultimate location to live, work and play.

A Message from the Town Manager

The Town of Wake Forest is proud to present its Popular Annual Financial Report (PAFR).

On November 8, Wake Forest voters approved a $75 million bond referendum for four bond questions: Roadway and Transportation ($23,720,000), Parks & Recreation ($24,430,000), Greenway Improvements ($14,350,000), and Downtown Parking Facility ($12,500,000). This voter-approved bond funding will allow the Town to complete projects such as the north/ south greenway connection between Raleigh and Franklin County, improve road connectivity, and develop recreational amenities for our citizens.

Town staff is currently in negotiations to redevelop the property at 353 S. White Street. This redevelopment initiative will provide a mixed-use component to downtown and provide additional parking options for those who visit our downtown merchants and attend Town events.

We have completed the inaugural course of our Citizens Academy. This academy is another opportunity for the Town to showcase its operations to our residents. The attendees interact with many of the employees responsible for the great services the Town provides. We received tremendous positive feedback to the program and plan to offer it again in the fall. It is our hope that those who attend leave with a better understanding of their local government and know who to contact when they have questions or concerns. Please be on the lookout for the next application cycle in 2023.

Our financial position continues to remain strong. This fiscal year was one of our strongest years in relation to fund balance (our reserves). Out of 552 municipalities in North Carolina, Wake Forest remains only one of less than 15 to achieve AAA ratings from three of the major credit agencies. Additionally, our auditors have finished their year-end review and reported no issues or irregularities and therefore issued a clean opinion of our finances.

On behalf of our elected officials and staff, I want to thank you for your support of our continued efforts in Wake Forest. We strive to make sure we retain that sense of character that continues to make Wake Forest a great community.

— Kip Padgett, Town Manager

2022 Wake Forest Mayor & Board of Commissioners

Mayor Vivian Jones Commissioner Jim Dyer Commissioner Chad Sary Commissioner R. Keith Shackleford Commissioner Nick Sliwinski Commissioner Adam Wright