2022 Annual Comprehensive Financial Report Now Available Online

The City recently completed its annual financial audit and received a clean opinion on its 2022 Annual Comprehensive Financial Report from the Washington State Auditor’s Office. In addition, the Auditors allowed the City to submit an application for the Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Program. This award is granted to state and local governments in recognition of preparing an easily readable and efficiently organized annual financial report that meets both accounting principles and applicable legal requirements. The City has earned this award regularly since 1999.

Background

Washington State law requires the City of Lacey to publish an Annual Financial Report that includes a balance sheet, statement of changes in financial position, and state of revenues and expenditures for combined and individual funds. This report provides a snapshot of the City’s financial position and how Lacey used its financial resources. The Washington State Auditor’s Office audits the report, which must conform with generally accepted accounting principles.