The City of Anna, Texas has published its Annual Comprehensive Financial Report (ACFR), submitted annually under Section 10.3 of the City Charter. The report includes the independent auditor's assessment of municipal finances and operations.
State law requires all general-purpose local governments to publish complete financial statements within six months of each fiscal year's close. These statements must conform to Generally Accepted Accounting Principles (GAAP) and be audited by an independent firm of licensed public accountants. The report is made available to the Mayor, City Council, and the public to ensure transparency and accountability in city finances.
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Frequently Asked Questions
When must Anna, TX publish its Annual Comprehensive Financial Report?
State law requires the City of Anna to publish complete financial statements within six months of the close of each fiscal year, submitted annually per Section 10.3 of the City Charter.
What accounting standards does Anna's financial report follow?
Anna's Annual Comprehensive Financial Report must conform to Generally Accepted Accounting Principles (GAAP) and be audited by an independent firm of licensed public accountants in accordance with generally accepted auditing standards.
Where can I find Anna, TX's financial reports?
The Annual Comprehensive Financial Report is available on the City of Anna's website at annatexas.gov under the Financial Services department.