City Budget and CAFR
Comprehensive Annual Financial Report (CAFR)
Current CAFR (audit): 2016
The City has received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its CAFR for 24 consecutive years.
Budget in Brief
An easy-to-read citizen's guide to the City's fiscal year 2017 annual budget.
Click here to view the proposed FY2018 budget document (as presented to Council on May 9, 2017). Complete budget document coming soon.
Previous budget documents:
In 2013, the City achieved the highest bond rating possible (AAA) by Standard & Poor's Rating Service. A bond rating represents an unbiased assessment of the credit worthiness of an entity's debt obligation in the public financial market. The higher the rating, the stronger the borrowing power and the lower the interest rates will be for capital projects funding. The City's AAA rating was reaffirmed in 2014.