Annual Comprehensive Financial Report
BudgetAI Summary
The City of Cleveland's Annual Comprehensive Financial Report for fiscal year 2023 presents the city's complete financial position as of December 31, 2023, issued by the Department of Finance under Director Ahmed Abonamah and City Controller James E. Gentile. The report includes government-wide financial statements, fund financial statements for governmental and proprietary funds, an independent auditors' report, and management's discussion and analysis. The document is 262 pages in length and covers introductory sections with transmittal letters, executive staff listings, and City Council information, followed by detailed financial statements and notes.
Topics
Document preview
Preview blocked by the source? Use the "Open PDF" button above.
More budgets from Cleveland
The City of Cleveland's Finance Director presents the fiscal year 2026 Mayor's Budget Estimate, a balanced budget developed through collaborative planning across city divisions to transparently allocate resources to essential services. The budget prioritizes elevated investments in economic development, public safety, and technology, supported by strong 2025 performance that included a $21 million police station improvement lease-purchase agreement, $12 million in road resurfacing, new multi-year union agreements covering 85% of unions, and implementation of modern financial and permitting systems that improved efficiency. The fiscally responsible approach aims to promote job growth, affordable housing, and modernization while maintaining financial stability and limiting unnecessary borrowing.
AI summary