From the Reporter
This Story
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 was web editor at Voice of San Diego from 2010 to 2013. She was an investigative fellow at VOSD from 2009 to 2010.

Leave a comment

We expect all commenters to be constructive and civil. We reserve the right to delete comments without explanation. You are welcome to flag comments to us. You are welcome to submit an opinion piece for our editors to review.

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.