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THE CITY OF NORFOLK April 10, 2018To the Honorable Council City of Norfolk, Virginia From:4 Leonard M. Newcomb III, CFM, Acting Planning Director 104/1/Subject:Arouryerfe Clock Auto Repair, for a
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Gather all financial data and reports for the fiscal year.
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Include detailed information about revenues, expenses, assets, liabilities, and fund balances.
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It is a set of government financial statements presenting financial data for a given fiscal year.
State and local governments are required to file comprehensive annual financial reports.
The report is filled out by government accountants and auditors based on financial data collected throughout the year.
The purpose is to provide transparency and accountability regarding the financial activities of the government.
Information on assets, liabilities, revenues, expenses, and other financial data must be reported.
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