Annual Financial Report now available


Article

The Canyon Lake City Council received the the City's Annual Financial Report dated June 30, 2013 at this week's meeting on January 8. City staff prepared the report and the City's independent auditor, Lance, Soll and Lunghard, performed an audit and issued an unmodified opinion on the Annual Financial Report for Fiscal Year 2012-2013.

The opinion from the auditors indicates that the audit has been completed in compliance with governmental auditing standards. The auditors found that, in their opinion, the general purpose financial statements are presented fairly in all material respects in conformity with accounting principles general accepted in the U.S.

The report was reviewed by the Administrative and Finance Committee prior to the City Council meeting, with the chair of the committee commenting at the meeting regarding the auditor's findings.

Residents can review the Annual Financial Report at cityofcanyonlake.com. For more information, call the City at 951-244-2955.