The primary areas of focus for our review included independent analysis and reporting, the twoyear budget cycle, and the timing of the legislative bodies review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table shows you is actual Fund Revenues have exceeded general Fund Revenues i
Francisco. In all, we surveyed eight california counties, six california cities, and nine u. S. Cities. The primary areas of focus for our review included independent analysis and reporting, the twoyear budget cycle, and the timing of the legislative bodies review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actu
California counties, six california cities, and nine u. S. Cities. The primary areas of focus for our review included independent analysis and reporting, the twoyear budget cycle, and the timing of the legislative bodies review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table show
California counties, six california cities, and nine u. S. Cities. The primary areas of focus for our review included independent analysis and reporting, the twoyear budget cycle, and the timing of the legislative bodies review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table show
California cities, and nine u. S. Cities. The primary areas of focus for our review included independent analysis and reporting, the twoyear budget cycle, and the timing of the legislative bodies review. We reviewed major trends, particularly in the general fund over the past five years. Our source document for this analysis was the citys comprehensive annual financial report. Because the most recent Financial Statement is dated as of june 30th, 2016, the review period is from 11 12 to 15 16. Since fiscal year 1112, revenues have increased from 3 billion to 5. 8 billion and expenditures have increased from 3. 1 billion to 4. 3 billion. We found these actual operating results have been more favorable than projections. I apologize for this chart. Some of the key got cut off. So the blue bars show budgeted revenues, and the red bars show budgeted expenditures. The green lines show actual revenues, and the purple lines show actual expenditures. What this table shows you is actual Fund Reve