Richardson’s Annual Comprehensive Financial Report (ACFR) has once again received high praise from independent auditors, passing a detailed review. A presentation given at Monday’s City Council work session shows the City’s 2020-21 ACFR had no instances of non-compliance with laws and regulations, no material weaknesses and no deficiencies with the internal control structure related to financial statements and grant compliance. In addition, the information was consistent with all applicable accounting standards and requirements.
The ACFR is available to view online at www.cor.net/ACFR. A printed copy for viewing is available at the Library and City Secretary’s office.
