§ 6.40.030. Annual report of revenues, expenditures, assets and liabilities.

Latest version.

At the end of each fiscal year, the mayor shall cause to be printed a comprehensive annual financial report in pamphlet form giving a summarized statement of all revenues and expenditures, assets and liabilities of the municipality, including its component units, a summary of the proceedings of the assembly, and a summary of the operations of the administrative departments for the preceding 12 months. The report shall contain an opinion by the certified public accountant stating whether or not the financial statements contained therein present fairly the financial position and results of operations of the municipality as shown by the books of account of the various funds in conformity with generally accepted accounting principles. A copy of this report shall be furnished to any citizen who may apply therefor at the office of the municipal clerk.

(GAAB 9.15.090)

Cross reference

Administration, tit. 3.

                    
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