Financial Reporting

The City of Citrus Heights is committed to transparency and responsible stewardship of public funds. This page provides access to the City’s financial reports, adopted budgets and Capital Improvement Program, offering a look at how resources are planned, invested and used to serve our community. Explore current and past financial documents to learn more about the City’s fiscal health, priorities and investments in Citrus Heights.

Annual Comprehensive Financial Report (ACFR)

The City’s Annual Comprehensive Financial Report (ACFR) provides a detailed look at the City’s financial position and results of operations for the prior fiscal year. It includes information about City revenues, expenditures, assets, liabilities and the financial performance of the City’s various funds.

The City’s ACFR has received the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for 22 consecutive years, recognizing the City’s commitment to high-quality financial reporting.

Popular Annual Financial Report (PAFR)

The City’s Popular Annual Financial Report (PAFR) provides a concise and accessible overview of the City’s financial activities and condition for the prior fiscal year. The report highlights key revenues, expenditures, financial trends and other information to help residents and the community better understand the City’s finances and how public resources are managed.

Single Audit

The City’s Single Audit provides an independent review of the City’s administration and use of federal grant funds. The audit is conducted in accordance with federal requirements and examines whether federal funds are properly accounted for and administered in compliance with applicable laws, regulations and grant requirements. The report identifies any audit findings and, when applicable, areas requiring corrective action.

Fiscal Year Ended June 30, 2025

City Budget

The City’s budget is a financial roadmap for the services, programs and priorities that support the Citrus Heights community. The adopted budget outlines anticipated revenues and expenditures, major initiatives and projects, and how the City plans to use public resources over the coming fiscal year(s).

For a quick overview of the City’s financial priorities and where your tax dollars go, explore the Budget in Brief.

Fiscal Year 2025/2026 & 2026/2027

Capital Improvement Program

The Capital Improvement Program (CIP) outlines the City’s planned investments in infrastructure, facilities and other major capital projects over the next five years. It identifies projects, estimated costs, anticipated funding sources and the timing of planned improvements.

The CIP is updated as priorities, funding and project timelines change and serves as a long-term planning tool alongside the City’s annual budget.

View the Five-Year Capital Improvement Program

Financial Transparency & Community Input

The City welcomes community input as it develops its financial priorities and plans for the future. Residents can participate by attending City Council budget discussions, work sessions and public hearings, or by providing comments during any regular City Council meeting.

Have a question about the City’s finances or budget? Contact finance@citrusheights.net or call City Hall at 916-727-2448.