Audit Reports

State law requires Highland City to hire an outside firm to conduct an audit each year to obtain reasonable assurance about whether the City's financial statements are free of material misstatement. The audit also evaluates the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. These audits are conducted in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Governmental Auditing Standards, issued by the Comptroller General of the United States. The audit is presented to City Council in the fall of each year for the previous year's budget. The most recent audit along with previous years' are available in the following information.