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Cities in Los Angeles County Finally Issue Their Financial Reports ... From 2019

Cities in Los Angeles County Finally Issue Their Financial Reports ... From 2019
City Hall in Los Angeles on Jan. 27, 2023. John Fredricks/The Epoch Times
John Moorlach
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Commentary

Each city in California has a due date for issuing its annual comprehensive financial report (ACFR), which includes its audited financial statements—but there is no penalty for missing the deadline. So, of course, some cities are laggards.

John Moorlach
John Moorlach
Author
John Moorlach is the director of the California Policy Center's Center for Public Accountability. He has served as a California State Senator and Orange County Supervisor and Treasurer-Tax Collector. In 1994, he predicted the County's bankruptcy and participated in restoring and reforming the sixth most populated county in the nation.
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