FOR IMMEDIATE RELEASE
February 8, 2013
Contact: Mike Kanarick
802.735.7962
Mayor Miro Weinberger Announces Audited Annual Financial Statements Complete and Available on City Website
Released Nearly Two Months Earlier than Last Year’s Audit Report; Will Be Included in City’s Annual Report to Be Issued on Town Meeting Day
Burlington, VT – Mayor Miro Weinberger today announced that the audited annual financial statements (audit report) for fiscal year 2012 (FY12) are complete and available for public review on the City’s website. The release of the audit report comes nearly two months earlier than the release of the FY11 audit report and the report, for the first time since 2006, will be included in the City’s annual report book that will be available at the polls and at City Hall on Town Meeting Day, March 5, 2013.
“Receiving the complete audited statements earlier than in the past was one of the goals I identified as part of my Administration’s effort to get the City’s financial house in order,” stated Weinberger. “While there are more improvements underway in FY13, being able to issue the audit report in time for publication in the annual report is real progress.”
The audited financial statements are available on the City’s website at the following link:
http://www.burlingtonvt.gov/uploadedFiles/BurlingtonVT.gov/Departments/Clerk-Treasurers_Office/Burlington%20Final%20Special%20CAFR12.pdf.
The City’s audit partner, Scott McIntire of Melanson Heath & Company, PC, will be presenting the financial statements at a City Council work session on Monday, February 11, 2013, at 6pm in Conference Room 12 in City Hall.
Interim Chief Administrative Officer Paul Sisson commented: “As a CPA, I understand the importance of timely financial reporting. I’m quite pleased that the audit is now complete, and our focus can turn toward managing the City through the remainder of fiscal 2013. I’d like to express my appreciation to our audit firm for its assistance in meeting this goal, as well as acknowledge the efforts of all of the City employees who play a role in the audit.”
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