Each year, the City prepares an annual financial report which is audited by an external audit firm. The annual financial report is also known as the Annual Comprehensive Financial Report (ACFR). The ACFR includes several reports and financial statements including the independent auditor’s report, a list of City officials, an organizational chart, basic financial statements and footnotes, budget vs. actual schedules, and a statistical section that shows historic financial, economic and demographic data.
Periodic Financial Reports
The Finance Department prepares periodic reports for Council to provide regular updates on revenue and expenditure performance throughout the year, and provide context to changes in budgetary recommendations. The most recent report may be found below.