Annual Financial Reports

Due to COVID-19, the Finance Department is closed to visitors until further notice.

Each annual financial report below is based on the fiscal year ending June 30th.

Comprehensive Annual Financial Report (CAFR)

The Comprehensive Annual Financial Report (CAFR) for the City of Monterey is intended to present information that goes beyond the basic financial statements required by generally accepted accounting principles. It consists of management’s representations concerning the finances of the City.

Single Audit

The Code of Federal Regulations (2 CFR 200.501) requires non-Federal entities expending over $750,000 annually in federal awards to obtain a Single Audit. The scope and emphasis of the Single Audit are specific to expenditures of federal funds and it should be reviewed in conjunction with the City's Comprehensive Annual Financial Report. The Single Audit is conducted to obtain independent assurance to the U.S. federal government as to the management, use and compliance of federal funds by the City.

Joint Powers Financial Authority

Component Unit Basic Financial Statements

4th Quarter Reports

These reports describe the financial position and activity for the City of Monterey for the fiscal year indicated through the 4th quarter.

PMSA

Presidio Municipal Services Agency – Basic Financial Statements

Redevelopment Agency

Component Unit Basic Financial Statements

Inside Finance

Contact Us

Lauren Lai, CPA
Finance Director
lai@monterey.org

Jordan Cupps, CPA
Assistant Finance Director
cupps@monterey.org

General Information

Hours
Monday - Friday
8:00am to 5:00pm

Administration
(831) 646-3940

Accounts Payable
(831) 646-3943

Payroll
(831) 646-3942

Revenue – Accounts Receivable, Pet Licenses, Business Licenses
(831) 646-3944

Mailing Address

Finance Department
735 Pacific Street, Suite A
Monterey, CA 93940
Fax: (831) 655-0562
finance@monterey.org