In accordance with legislative requirements at § 15.2-2512.1 of the Code of Virginia, the Auditor of Public Accounts is required to notify certain legislative committees and executive branch officials if a locality has not submitted its audited financial report within 18 months of the required December 15 deadline pursuant to the applicable governing statutes.

As of August 28, 2025, the Town of Big Stone Gap remains delayed with submitting its audited financial report for fiscal year 2023, which was due on December 15, 2023.