Each month the City issues monthly financial statements, schedules and narratives explaining the City’s monthly financial position.
These monthly reports are designed to provide the reader with a picture of the City’s current operating results and a comparison of current results to both prior year and current year budget.
Additionally, on an annual basis the City issues its Comprehensive Annual Financial Report (CAFR). This report contains the City’s year-end annual financial statements, which have been audited by an independent Certified Public Accountant. This report contains items such as the City’s Statement of Net Position, Statement of Activities, Governmental Funds Balance Sheet, and Governmental Funds Statement of Revenues and Expenditures. This report also provides narrative about current economic conditions, financial trends and City demographics.