Comprehensive Annual Financial Report
View Annual Financial Reports
View City Financials on the State of Florida Local Government Financial Reporting Page - https://apps.fldfs.com/LocalGov/Reports/AdHoc.aspx
Click below to see the City's latest Comprehensive Annual Financial Reports. (If you need the report(s) in another format please contact the City Clerk at 352-245-7021 for a Public Records Request.)
Please note: these are large documents and may take a minute to upload and open.
About the Comprehensive Annual Financial Report
The Comprehensive Annual Financial Report is presented in four sections:
The audits have been conducted by Purvis Gray and Company in accordance with auditing standards generally accepted in the United States and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.
Once the audit is completed, the Finance Department addresses all management areas and overviews along with statistical information that will be added to the financial data, notes and analysis. All data is combined into a single report called the Comprehensive Annual Financial Report. This annual financial report is reviewed with and accepted by the City Commission. Copies are then sent to applicable Federal, State and Local Government agencies along with banks and lending institutions.
The Comprehensive Annual Financial Report is submitted to the Government Finance Officers Association (GFOA) for their review, critique and award. The City has received this award seven (11) times.