Summary The annual audit of the City's Fiscal Year 2016-2017 financial statements has been completed by Purvis, Gray and Company, the City's independent Certified Public Accountants. This evening, Mr. Ron Whitesides and Mr. Trey Presnell of Purvis, Gray and Company will present the results of the Fiscal Year 2016-2017 audit process.
Overall, the City received an unmodified ("clean") opinion as it pertains to the financial statements for the year ended September 30, 2017. This is the highest audit opinion that can be received. This is the fifthteenth consecutive year of receiving this distinction. Additionally, there were no current year written comments.
Once accepted by the City Commission, the Comprehensive Annual Financial Report (CAFR) will be submitted to the Government Finance Officers Association (GFOA) of the United States and Canada for review to receive the Certificate of Achievement for Excellence in Financial Reporting. Also, copies of the CAFR will be forwarded to all required governmental and financial organizations.
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