Financial Reporting and Accolades
All units of government in North Carolina are required by General Statute 159-34 to receive and submit an annual audit report to the Local Government Commission. The Town of Knightdale's fiscal year begins on July 1st and ends on June 30th.
Prior Year Comprehensive Annual Financial Reports
In addition to the annual audit requirement of GS 159-34, the Town of Knightdale also prepares a Comprehensive Annual Financial Report (CAFR). The CAFR is prepared in combination by the Finance Department and the Town's auditor. Its purpose is to provide transparent and comprehensive access to the Town's policies and reporting.
The Town of Knightdale has earned the Certificate of Achievement for Excellence in Financial Reporting for over 30 consecutive years. This achievement is awarded by the Government Finance Officers Association.