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The original item was published from 3/12/2015 2:57:00 PM to 3/24/2015 12:05:02 AM.

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City of Allen Headline News

Posted on: March 17, 2015

[ARCHIVED] Allen Receives Clean Audit for 8th Straight Year

The City of Allen received an unmodified, or “clean,” audit for fiscal year 2013-2014, marking its eighth straight year of clean audits. Annual audits are required by both the Allen city charter and state law. Auditors at the accounting firm Weaver handled the 2013/2014 report.

The report notes an increase in property tax revenue and increased spending on both public safety and general government. Water revenues dropped in 2013/2014 due to watering restrictions.

The City of Allen will submit its Comprehensive Annual Financial Report (CAFR) to the Government Finance Officers Association as a candidate for a Certificate of Achievement for Excellence in Financial Reporting. Allen has received the certificate for 16 consecutive years.

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