Annual Reports
The Finance Department of the City of Auburn is committed to accurate, timely, and transparent financial reporting. California Government Code Sections 25250 and 25253 mandate local governments to issue financial statements and supporting schedules that are aligned with Generally Accepted Accounting Principles (GAAP). The ACFR accomplishes this requirement as an annual report of the City’s financial position and activity, which is audited by an independent, external firm of public accountants. The ACFR is not a budget and instead presents the City’s finances in an accounting language that accountants, actuaries, and debt managers can understand while evaluating the City’s financial condition and credit worthiness.
Annual Comprehensive Financial Reports
Past financial reports...
- Annual Comprehensive Financial Report 2012-2013
- Annual Comprehensive Financial Report 2013-2014
- Annual Comprehensive Financial Report 2014-2015
- Annual Comprehensive Financial Report 2015-2016
- Annual Comprehensive Financial Report 2016-2017
- Annual Comprehensive Financial Report 2017-2018
- Annual Comprehensive Financial Report 2018-2019
- Annual Comprehensive Financial Report 2019-2020
- Annual Comprehensive Financial Report 2020-2021
- Annual Comprehensive Financial Report 2021-2022
- Annual Comprehensive Financial Report 2022-2023
- Annual Comprehensive Financial Report 2023-2024
The City of Auburn submits annual reports to the California State Controller's Office each year. Reports for employee compensation, streets, redevelopment, and others can be found at Local Government Annual Financial Reports.
Single Audit
The Single Audit report is specific to the reporting of Federal funding received by the City. The report is prepared in accordance with the Office of Management and Budget’s Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The report includes the independent, external auditor’s reports on internal controls and compliance with applicable laws and regulations, schedule of expenditures of Federal awards (SEFA), schedule of findings and questioned costs, and corrective action plan and summary schedule of prior audit findings. As with the ACFR, the Single Audit is not a budget but instead speaks to Federal grantors of external funds that be being allocated to local agencies.