Since Monday, October 20th, the City’s external auditors, Badawi and Associates, have been on-site doing the fieldwork portion of the audit, which will last approximately two weeks.  During this phase of the audit, Finance Department staff will be gathering and providing transactional detail and supporting documentation for the auditor’s testing process, as well as moving forward on developing financial statements and the other components of the City’s Comprehensive Annual Financial Report (CAFR).  The CAFR is scheduled to be presented to the City Council at its regular meeting on December 16, 2014. A report on the unaudited financial results from Fiscal Year 2013-14 for the General Fund was presented as an informational item at the City Council’s meeting on October 21, 2014.