Commentary Each city in California has a due date for issuing its annual comprehensive financial report (ACFR), which includes its audited financial statements—but there is no penalty for missing the deadline. So, of course, some cities are laggards. A few cities in Los Angeles County still have to issue their ACFR for the years ending…
Cities in Los Angeles County Finally Issue Their Financial Reports … From 2019
February 2, 2023
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How Does Your County’s Finances Compare to Others in California?
Commentary There is an old story of the cobbler’s children having no shoes, but for a California County Auditor-Controller to not have an annual audit up on his or her County’s website—now there’s a strange story. And from two to three years ago? I’ve been waiting for the Annual Comprehensive Financial Reports (ACFR) from Humboldt,…
California a Year Late in Releasing Annual Financial Report
December 21, 2021
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Commentary Most states have a June 30 fiscal year end. After the books are closed, the independent outside Certified Public Accountants come in and audit the books. This task is usually completed no later than the month of December and is released to the public. For the fiscal year ended June 30, 2021, the state…
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