Monthly City Financial Reports Available Online
May 24, 2013
The City’s monthly financial reports, which outline monthly progress relative to the approved budget, are now available online in an easy-to-access format. While these reports have always been included in online City Council agenda packets, the new location enhances convenience for those who only want to see financial reports.
Other financial documents online include:
- the City Budget, which is the financial plan for the City for the upcoming two years
- the Capital Improvement Program (CIP), which outlines scheduled expenditures for the upcoming five years for major purchases and/or construction projects that cannot be financed in one year because of their cost
- the Comprehensive Annual Financial Report (CAFR), which is an audited financial statement of the previous year and required by the State of Minnesota
All City financial documents are reviewed by Moody’s Investor Services for Golden Valley’s Aaa bond rating, which is the highest available.
If you’d like to get email notices whenever City finance documents are updated, you can subscribe online at GV DirectConnect. Enter your email address and choose “Published Financial Documents” under the category “City Publications.”
If you have questions or want more information about the City’s financial documents, contact Finance Director Sue Virnig at 763-593-8010 or email@example.com.