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San Diego has had a sordid history with completing its annual financial statements, the key to public and investor confidence in the city’s finances. After it finally cleared a long backlog and released one on time, the current one is now seven months late.
Why Does It Matter?
The delay has cost the city time and money, but the punishment hasn’t been as severe as in the past.
What’s Next
The city’s outside auditor has received draft financial statements and plans to issue its opinion by the end of August. Next year’s financial statements are on schedule.

Dagny Salas

Dagny Salas was web editor at Voice of San Diego from 2010 to 2013. She was an investigative fellow at VOSD from 2009 to 2010.

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