Accounting & Financial Reporting

Although not specifically required by the Administrative Code, the general powers of the General Manager and the mandates of best practices obligate the District to conduct an annual audit of District financial activities each fiscal year. 

Annual audit work is performed by the District’s contracted independent auditor.  The District’s current auditor is Nigro & Nigro.  The Finance Department’s staff effort, led by the Accounting Manager, combined with the review of the independent auditor, result in the creation and publication of the Comprehensive Annual Financial Report (CAFR) each year.

The District’s FY 16 CAFR, while still unpublished in final format, has progressed sufficiently to offer the following information on critical financial performance metrics. Download the metric report here

CAFR Recognition

The Government Finance Officers Association of America (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the District for its CAFR for ten consecutive years.  In this manner, the District has unfailingly produced a CAFR that efficiently captures all relevant generally accepted accounting procedures and all applicable legal requirements.  Each Certificate of Achievement is valid for one year only.  We believe the FY 2015 CAFR continues to meet the requirements for recognition, and we will be submitting it to the GFOA to determine its eligibility for another Certificate. 

Fiscal Year 2014-2015

Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2013-2014

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2012-2013

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2011-2012

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2010-2011

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2009-2010

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2008-2009

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2007-2008

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Comprehensive Annual Financial Report (CAFR)

 Fiscal Year 2006-2007

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Comprehensive Annual Financial Report (CAFR)

Fiscal Year 2005-2006

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Comprehensive Annual Financial Report (CAFR)

 Fiscal Year 2004-2005

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Comprehensive Annual Financial Report (CAFR)