Most of the department's work is governed by federal, state, and municipal laws that require accountability for public funds. For more than 20 years, t he City has received an unqualified opinion on its annual financial audit from its independent auditors. These audits have found that the City s financial statements present fairly the City s financial condition and are in conformance with generally accepted accounting principles applied on a consistent basis. The annual audit also includes favorable Compliance and Internal Control reports as required by Government Auditing Standards. Any citizen who is interested in reviewing the full CAFR or the supplemental Annual Report may contact the Finance Department at City Hall.
Copies are also on file at the public library.
Every year the City Council adopts a budget that is basically the financial plan for the City. It forms the basis for budget appropriations and includes any revisions or adjustments made by the Budget Committee. For brief statistics with high-level budget information, please see the City's brochure entitled Fast Facts about the Budget . For more comprehensive budget information, go to the City s budget now available online at FY 2001-02 Adopted Budget . Any citizen who is interested in reviewing the above budget reports may contact the Finance Department at City Hall.