The Comprehensive Annual Financial Report (CAFR) The financial report is intended to update the City Council and the citizens of Mustang on the status of the City's financial position and results of operations for the past fiscal year ending June 30, and has been prepared in the compliance with all requirements of the Governmental Accounting Standards Board (GASB).
The financial statements have been audited by Anne Marie Elfrink, CPA and were presented to the City Council in a public meeting on December 4, 2018. The independent auditor concluded, based upon the audit, that there were no material weaknesses identified or audit findings.
GFOA has presented the City of Mustang this Award of Financial Reporting Achievement for 24 consecutive years.