Audit

State law and local ordinance require the City to annually prepare financial statements in conformity with Generally Accepted Accounting Principles (GAAP) within six months after the fiscal year's close. 

The Comprehensive Annual Financial report or Audit, is a culmination of the past year's financial activity and is the formal mechanism used to communicate to the public the financial status of the Village and its compliance with applicable laws and the intentions of the City Council. The financial statements are audited by an independent licensed, certified public accounting firm in accordance with Generally Accepted Auditing Standards. The City's fiscal year runs from May 1 through April 30. 

Resources

2023-2024 Annual Audit
2022-2023 Annual Audit
2021-2022 Annual Audit
2020-2021 Annual Audit
2019-2020 Annual Audit
2018-2019 Annual Audit
2017-2018 Annual Audit
2016-2017 Annual Audit