File #: 23-0349    Version: 1 Name: Annual Comprehensive Financial Report FY23
Type: Briefing Status: Filed
File created: 11/20/2023 In control: City Council Work Session
On agenda: 12/13/2023 Final action: 12/13/2023
Title: Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023
Indexes: , Legal Compliance
Attachments: 1. Presentation - Cherry Bekaert, 2. Presentation - Finance Department, 3. Memo to Council, 4. Annual Comprehensive Financial Report
Related files: 21-0329, 21-0006, 19-0345, 18-0377, 15-0367, 16-0393, 17-0378

Title

Annual Comprehensive Financial Report for the Fiscal Year Ended June 30, 2023

 

Purpose

PURPOSE/BACKGROUND:

The Annual Comprehensive Financial Report (ACFR) for the fiscal year ended June 30, 2023 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, 2023, 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.