Accounting and Financial Reports

Financial Reporting

The Finance Department accounts for and reports all financial activity for the city government. We produce monthly, quarterly, and annual reports for the departments and the city manager. We coordinate with the city's external auditor to produce the Annual Financial Report which details the financial activities for the entire fiscal year, as well as the financial position of the city at the end of the fiscal year.

The city's fiscal year begins every July 1 and ends on June 30. The city's budget defines anticipated city revenues and sets the legal limits for expenditures by the government.

Budgets

• Fiscal Year 2020-2021 Approved Budget
• Fiscal Year 2019-2020 Approved Budget
• Fiscal Year 2018-2019 Approved Budget   (Click here for Microsoft Excel version)
• Fiscal Year 2017-2018 Approved Budget
• Fiscal Year 2016-2017 Approved Budget
• Fiscal Year 2015-2016 Approved Budget
• Fiscal Year 2014-2015 Approved Budget

Audits

• City of Rochester Annual Financial Report 2019
• City of Rochester Annual Financial Report 2018
• City of Rochester Annual Financial Report 2017
• City of Rochester Annual Financial Report 2016
• City of Rochester Annual Financial Report 2015
• View Previous Annual Financial Reports (Michigan Department of Treasury Archives)

Financial Plans

• City of Rochester Financial Plan - May 7, 2020

Parking Platforms

• West Platform Memo

Dashboard and Citizen Guide

• Performance Dashboard and Debt Schedule for CVTRS 12-1-16
• Performance Dashboard and Debt Schedule for CVTRS 12-1-19
• Financial Summary Data (State F-65 Reports)
• Act 51 Compliance Posting
• Pension & OPEB (2019 Pension & OPEB Annual Reporting PA 2020 of 2017) 
• COVID-19 Economic Response

Policies

• Fund Balance Policy

Partner Budgets

• Older Persons Commission 2018-2020 Budget
• Rochester Avon Recreational Authority 2018 Budget