Financial Reporting

The City’s Comprehensive Annual Financial Report (CAFR) is presented below. This report presents the financial position and result of operations of the various funds of the City for the prior fiscal year. This report is intended to provide relevant financial information to the citizens of Citrus Heights, City staff, creditors, investors and other concerned readers. The City’s submitted CAFR has been awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) for 19 consecutive years.

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Comprehensive Annual Financial Report (CAFR)

CAFR for fiscal year ended June 30, 2019

CAFR for fiscal year ended June 30, 2018

CAFR for fiscal year ended June 30, 2017

Single Audit Report

Single Audit Report for fiscal year ended June 30, 2019

Single Audit Report for fiscal year ended June 30, 2018

Single Audit Report for fiscal year ended June 30, 2017

Budget

The City’s adopted two year budget for FY 2019-20 & 2020-21 is presented below. This document reflects operating revenues and expenditures that are expected to be incurred over the next two fiscal years. It also includes accomplishments from FY 2018-19, key projects anticipated for the next two years, and a profile of the Citrus Heights community.

View the  FY 2019-20 & 2020-21 Adopted Budget (PDF)

Capital Improvement Program

The Capital Improvement Program (CIP) provides the basic details for any proposed capital improvement that the City desires to undertake in the next 5 years. The CIP is used as a supplement to the City’s annual budget and identifies potential funding sources and expenditures for capital projects. View the Capital Improvement Program (CIP), where you will be directed to the General Services webpage and the link to the most current CIP document.

Questions & Feedback

Citrus Heights residents are encouraged to participate in the budget planning process by attending budget work sessions and public hearings. Citizens also have the opportunity to address issues at any City Council meeting during the year. Council meetings are generally held on the 2nd and 4th Thursday of each month at 7 p.m. in the Council Chambers that are located at 6360 Fountain Square Drive.