Title
Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2024
Purpose
PURPOSE/BACKGROUND:
The Annual Comprehensive Financial Report (ACFR) for the fiscal year ended June 30, 2024 has been completed by the City's Finance Department and audited by the City's Independent Auditors, Cherry Bekaert, LLP, as required by Section 3.8(c) of the City Charter. The ACFR includes a report on the financial results of operations and financial position of various City funds for the fiscal year ended June 30, 2024, including those of the Hampton City School Board. The City's Finance Director and Independent Auditor will make presentations regarding the City's financial conditions at the end of last fiscal year.
Discussion:
Questions and answers are anticipated after each presentation.
Impact:
Recommendation:
Rec
No action required.