Audited Financials
The City Controller's Office prepares the Annual Financial Report each year. They're also responsible for the annual financial statements for Dallas Water Utilities, Aviation, Economic Development Tax Increment Finance funds and Local Government Corporations. All of these statements are reviewed by an independent auditor to ensure the statements are accurate and reliable.
Annual Comprehensive Financial Report
We produce this report annually to help the public better understand the City, our operations, and our finances. The report is presented in three sections. The Introductory section guides the reader through the report. The Financial section presents the City's basic financial statements, plus notes and the independent auditor's report. The Statistical section provides additional data, including about financial trends that may better inform the reader about the City's activities. Please note as of March 9, 2021, based on guidance from GFOA, we no longer refer to this report using its four-letter acronym out of respect for the diverse communities we serve. To learn more, check out the #EndTheAcronym policy statement from GFOA below.
Other audited financials
The City is required by law to hire an independent certified public accountant (CPA) to audit its federal and state grants each year. The purpose of the “single audit” is to make sure we meet all program requirements for spending federal and state funds. We also hire a CPA to audit the City’s largest enterprise funds, including DWU, Aviation, and the Convention Center. You can view all of those reports using the link above.
Resources
