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Administration says 2023 ACR published; single audit and detailed statements coming within about a month
Summary
The administration reported the 2023 annual consolidated report has been published and that detailed financial statements and the single‑audit work should follow within roughly a month; officials warned audited financials are required before drawing down certain Medicaid reimbursements.
The administration reported to the Assembly Budget and Finance Committee on Aug. 21 that the 2023 Annual Consolidated Report (ACR) has been completed and published, and that the city is working to finalize the remaining financial statements and the single‑audit package.
Mister Falsy, who briefed the committee, said the 2023 main ACR “is done. We finished and published that last Friday and sent that off to the workers' compensation board.” He described the milestone as a substantial step in an ongoing recovery plan and…
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