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California State Controller Malia Cohen says her office will get the release of the state's ACFR back on track within two years.
March 20 -
It's been two years since Dolton, Illinois, filed audited annual financials, and hints of fiscal stress include a threat to repossess police cruisers.
March 5 -
Fitch analysts mentioned the tardy ACFR in the ESG section of its most recent rating report on California general obligation bonds.
August 29 -
The University of Michigan is studying the use of XBRL technology for local government financial reports with the state Department of Treasury set to act next.
August 23 -
Officials in New Mexico's state capital are fretting that late audited financials audit could lead the state to withhold state bond proceeds for city projects.
July 14 -
The state's new accounting system gets the blame again for California's second year with an extremely late CAFR.
September 24 -
State Comptroller Susana Mendoza released interim numbers because the state's comprehensive annual financial report for fiscal 2019 is unfinished.
February 11 -
The state's net position worsened to negative $189.1 billion according to the CAFR, which arrived almost 14 months after fiscal 2018 ended.
August 29 -
The state auditor raised questions about how the state controller reported California's OPEB liability in the report, which took 11 months to release.
August 1 -
Poor returns piled another $2 billion onto Chicago's pension tab, but it won't add to the already $280 million contribution spike looming next year, according to its new CAFR.
July 8