February 1, 2019

Comparative Report of Local Government Revenues and Expenditures for the Fiscal Year Ended June 30, 2018

In accordance with §15.2-2510 of the Code of Virginia, local governments are required to file annually by November 30 with the Auditor of Public Accounts a detailed statement of revenues and expenditures (transmittal data) accompanied by the locality’s audited financial report.

This report represents the 2018 Comparative Report based on the transmittal data received from localities as of January 31, 2019. During our report preparation process, we perform analytical procedures to review the revenue and expenditure transmittal data compared to audited information in each locality’s annual financial report to ensure the reliability of the data in our Comparative Report. Our office continues to encounter delays in receiving audited financial reports by the November 30 statutory deadline. Not preparing timely financial information may be an indicator of a locality’s need to strengthen its budgetary, accounting, and financial reporting process. For the fiscal year 2018 reporting, a total of 74 localities did not submit their audited financial reports by November 30. These delays impact completion of our analytical review process over the transmittal data and the final issuance of the annual Comparative Report. Accordingly, this report represents preliminary amounts that are subject to change as we perform further review of the accuracy of the localities’ data submitted to our office.

The following 11 localities did not meet the statutory deadline to submit their transmittal statement of revenues and expenditures nor their audited annual financial report for the fiscal year ended June 30, 2018. Consequently, the data for these localities are not included in this report.

City of Hopewell City of Manassas Park City of Norton City of Petersburg City of Portsmouth
County of Buchanan County of Buckingham County of Clarke County of Prince Edward County of Russell Town of West Point

As of January 31, 2019, the following 12 localities have not yet submitted their audited annual financial report for the fiscal year 2018. The preliminary revenue and expenditure data for these localities are included in this report; however, at this time, we cannot ensure reliability of the data until receipt of the localities’ audited financial reports for our analytical review process.

City of Emporia County of Accomack County of Brunswick County of Caroline County of Dickenson County of Greene
County of Greensville County of Lee County of Nelson County of Sussex County of Warren Town of Marion

The County of Prince Edward and Town of West Point have not provided the Auditor of Public Accounts written notification for not submitting their required information by November 30. To review a copy of the locality’s written notification for not meeting the statutory deadline, click on the applicable link at the locality names above.

Upon completion of our analytical reviews over the localities’ transmittal data, we will finalize the 2018 Comparative Report. The final report will include on behalf payments made by applicable state agencies, per capita amounts, and additional demographic data. The final report will also include a footnote that lists the localities and the number of days they are delayed in submitting their current year transmittal data and audited financial reports, along with the prior ten years of delinquent submissions. The final report will be available electronically on the Auditor of Public Accounts website located at the Local Government page, Comparative Reports section.

Click here to access the Draft 2018 Comparative Report of Local Government Revenues and Expenditures.

Archived Comparative Report of Local Government Revenues and Expenditures.