Annual Audit Report
The City of Port Huron prepares a Comprehensive Annual Financial Report (CAFR) for each fiscal year ended June 30th. State law requires that local governments publish a complete set of financial statements presented in conformity with generally accepted accounting principles (GAAP) and audited in accordance with generally accepted auditing standards within six months of the close of each fiscal year. The CAFR is prepared in accordance with regulations and standards set forth by the City Charter, the Governmental Accounting Standards Board, the American Institute of Certified Public Accountants and its Committee on Governmental Accounting and Auditing, the Treasurer of the State of Michigan, and the Government Finance Officers Association.
Annual Budget Preparation
The initial step in the process that leads to the preparation of the Comprehensive Annual Financial Report for the City of Port Huron is the preparation of the annual budget. Budgets are adopted on a basis consistent with generally accepted accounting principles, State statutes and the City Charter.
In accordance with Charter requirements, on or before the fourth Monday in April, the proposed budget is presented to the City Council by the City Manager for review. The City Council holds a public hearing on the proposed budget, generally at the first Council meeting in May. The Council can also meet in a Budget Workshop session to review the budget in more detail. The budget is adopted at the second Council meeting in May.
2016-2017 Budget Overview presented to the City Council on April 25, 2016
2016-2017 Proposed Budget presented to the City Council on April 25, 2016
Capital Improvement Program
2016-2017 through 2021-2022 Proposed Capital Improvement Program
Prior Year Budget Documents2015-2016 Annual Budget
2014-2015 Annual Budget
2013-2014 Annual Budget
2012-2013 Annual Budget
2011-2012 Annual Budget
2010-2011 Annual Budget