RIALTO (SANBERNARDINO COUNTY)local legislationAgenda Ready

Acceptance of the 2024-25 Annual Financial Report for Rialto

Original title: Request City Council, Rialto Housing Authority, Rialto Utility Authority, and Successor Agency to Accept, Review, and File the Fiscal Year 2024-25 Annual Comprehensive Financial Report (ACFR) and Related Documents. (RECEIVE AND FILE)

April 14, 2026

finance transparency government-reporting

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The Frame

What this does

This action officially enters the city's audited financial records for the 2024-25 fiscal year into the public record, ensuring transparency regarding the city's financial position.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Rialto residents

Residents have access to the city's audited financial data for the 2024-25 fiscal year once the report is filed.

What changed

Last recorded activity April 14, 2026.

What's next

Next step not available in the current record.

Summary

The Rialto City Council and its associated authorities are requested to formally the Annual Comprehensive Financial Report () for the 2024-25 fiscal year.

Key Facts

The City Council, Housing Authority, Utility Authority, and Successor Agency are required to accept, review, and file the 2024-25 Annual Comprehensive Financial Report.
The document is filed under file number 26-0174.
The resolution was introduced on March 18, 2026.

Frequently Asked Questions

What is an ACFR?

An Annual Comprehensive Financial Report () is a set of financial statements for a state, municipality, or other governmental entity that complies with the accounting requirements established by the Governmental Accounting Standards Board.

What does 'receive and file' mean?

It is a procedural action where the council acknowledges receipt of a document and places it into the official public record without requiring further legislative action.

Why It Matters

This action officially enters the city's audited financial records for the 2024-25 fiscal year into the public record, ensuring transparency regarding the city's financial position.