If numbers are your thing, I’ve got just the thing for you — the City’s comprehensive financial audit report is officially out and available on line (direct link) at the State Auditor’s web site. To the accountants of the world, an audit is a work of art but for the rest of us it’s a lot of numbers, indicators and measures that reflect the City’s financial health.
I’m pleased to report that the City’s audit had no findings of problems or deficiences when it comes to how the City manages its cash flow. Our finance division continues to impress the auditors with financial compliance and reporting. That’s great news because there’s never a good time for cash management concerns and that commitment is recognized in the 2009 audit.
If I had any advice for the faint of heart number crushers, I’d go to page 27 and just stick to the text narrative. It’s easy to get lost in the woods of all the financial statistics but it’s certainly there for the more adventuresome among us.
Here’s the 3rd party auditor firms remarks on the City’s 2009 comprehensive annual financial report: