Annual Comprehensive Financial Report
The Financial Accounting Division is responsible for timely and accurate recording and reporting of financial results to the City, government agencies, as well as to the general public. The Division ensures that accounting transactions are in conformity with GAAP; evaluates municipal accounting issues; determines if disbursements legally comply with budget ordinances; and develops pertinent data for the preparation of the Annual Comprehensive Financial Report.
The Division prepares financial analysis for City Council, Administration and Departments; produce reports for Federal/State/Local and other regulatory agencies, auditors, private sector financial entities and the citizenry; handles accounting for Federal and/or State funded grants/projects; and administers the City and Schools cash management/investment functions as well as debt portfolio.
2022 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2022)
2021 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2021)
2020 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2020)
2020 Compliance Report
(For the fiscal year ended June 30, 2020)
2019 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2019)
2018 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2018)
2017 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2017)
2016 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2016)
2015 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2015)
2014 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2014)
2013 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2013)
2012 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2012)
2011 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2011)
2010 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2010)
2009 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2009)
2008 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2008)
2007 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2007)
2006 Annual Comprehensive Financial Report
(For the fiscal year ended June 30, 2006)
Contact Information:
Rhonda Allbeck, Assistant Director, Department of Financial Services

To see a list of funds and the designated accountant contact, please click here.
Department of Financial Services
900 Church Street
Lynchburg, VA 24504 (434) 455-4220
(434) 847-1859
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