Annual Financial Reports

The City is required by law to have an annual audit conducted by a qualified independent auditor. The results of the annual audit (together with additional financial information about the City) is published annually in a report called the CAFR (Comprehensive Annual Financial Report).

The City prepares its CAFR in accordance with the stringent guidelines of the Government Accounting Standards Board (GASB) and the Government Finance Officers Association (GFOA). Each year since 1985, the City has been awarded the GFOA Certificate of Achievement for Excellence in Financial Reporting for its CAFR report. This is the highest form of recognition for government financial reports.

The City of Muskegon CAFR for the most recently completed fiscal year is available by clicking the link below:

The State of Michigan maintains an online, multi-year archive of audited financial reports for all local governments in Michigan. Use this link if you wish to see CAFR reports from prior years.