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Rochester New York Form 8594: What You Should Know
FISCAL YEAR (FIFTH SEMESTER OF TWO YEARS) 2025 RESULTS AND ANNUAL FINANCIAL STATEMENT 2018 Annual Report 2018 Financial Statements Annual Report 2018 Financial Statements. Comprehensive Annual Financial Report. For the fiscal years ended December 31. 2025 and 2017, 2017. 2018 Financial Statement Summary Table 2025 Financial Statement Summary Table. For each of the six years of this 10-year period. For the fiscal years ended December 31, 2018, and 2017, 2017. 2016 Annual Report 2016 Financial Statements 2016 Financial Statement Summary Table 2025 Financial Statement Summary Table. For each of the six years of this 10-year period. For the fiscal years ended Dec. 31, 2016, 2016. 2015 Annual Report 2015 Financial Statements 2015 Financial Statement Summary Table 2025 Financial Statement Summary Table. For each of the six years of this 10-year period. For the fiscal years ended December 31. 2025 and 2014, 2015. REVENUE & FINANCIAL INFORMATION REVENUE & FINANCIAL INFORMATION The revenues and financial information reflected in the financial statements is based upon the audited consolidated financial statements of the municipality's elected officials as of the close of business on the last business day. The financial information reflects the estimated revenue from all sources that is collected, processed and disbursed to the municipality for its general fund purposes. The expenses reported in the balance sheets for general government services reflect expenditures for items authorized in the budgets and authorized in this ordinance, and not allocable to any special fund or special purpose account that is established by the voters for the purpose of funding any items that the general fund could not otherwise fund. In 2016, the Fort Collins City Council approved an increase in the property tax rate from 2.1 percent to 2.5 percent. For the 2025 fiscal year, the property tax rate increase is estimated to generate approximately 2.8 million in revenue. As a result, the general fund revenues for 2025 are approximately 21.8 million less than in 2015. INDEPENDENT AUDITOR The financial statements are prepared in accordance with generally accepted accounting principles, including the U.S. Generally Accepted Accounting Principles and International Financial Reporting Standards, or GAAP.
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