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Reports, Studies and Plans
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Annual Budget/Capital Improvement Plan
City of Surprise, Arizona Adopted Budget documents account for the planned activities of the city for each fiscal year. Each budget document serves as a guide to the fiscal year budget of the city of Surprise and provides insight into the operations of the city and the needs of its residents.
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Annual Expenditure Limitation Report
Arizona Revised Statutes (A.R.S.) §41-1279.07 requires incorporated cities and towns to prepare an Annual Expenditure Limitation Report (AELR). In addition, financial statements must be prepared in accordance with generally accepted accounting principles (GAAP).
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Annual Report for Impact Fees
Arizona Revised Statutes (A.R.S) §9-463.05 (N) (O) require that each City that assesses development fees to submit an audited annual report within 90 days following year end to the city clerk and post on the City’s website accounting for the collection and use of the fees for each service area. The annual report is to include information on the amount assessed by the City for each type of development fee, the balance of each development fee at the beginning and end of the year, collections and uses of the funds, any interest earnings, details on bonds issued to pay the cost of a capital improvement project, and details on any advances to development fee funds and the use of the advance and the repayment terms.
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Biennial Development Impact Fee Audit
City of Surprise Municipal Code Section 106-61 in accordance with Arizona Revised Statutes (A.R.S.) §9-463.05 (G) requires a biennial, certified audit of the city's land use assumptions, infrastructure improvement plan and development impact fees. The audit is required to review the collection and expenditures of development fees for each project in the plan and provide written comments describing the amount of development impact fees assessed, collected, and spent on capital facilities. The audit further describes the level of service in each service area, and evaluate any inequities in implementing the infrastructure improvement plan or imposing the development impact fee.
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Comprehensive Annual Financial Report
Arizona Revised Statutes (A.R.S.) § 41-1279.07 requires cities and towns to file financial statements prepared in conformity with generally accepted accounting principles (GAAP) after the close of each fiscal year. Each Fiscal Year a Comprehensive Annual Financial Report (CAFR) of the City of Surprise is submitted pursuant to this requirement.
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Development Impact Fee Study
The City of Surprise contracted with TischlerBise to update its development fees. A development fee study report was prepared for the City of Surprise on April 9, 2019. Development Fee categories went into effect August 5, 2019.
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Highway User Revenue Fund Report
Arizona Revised Statutes (A.R.S.) §9-481 requires incorporated cities and towns to have an audit performed to determine as to whether highway user revenue fund monies received by the city or town pursuant to title 28, chapter 18, article 2 and any other dedicated state transportation revenues received by the city or town are being used solely for the authorized transportation purposes.
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Investment Report
This report includes the latest information on the city's investments.
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Sales & Use Tax Reports
The sales and use tax reports include the latest information on the city's tax revenues.
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Single Audit Reports
The Single Audit report presents the city's federal expenditures by grantor agency, for the fiscal year. The audit was designed to meet the needs of all federal grantor agencies in accordance with the Single Audit Act of 1984 (as amended) and the Uniform Grant Guidance.
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Valley Benchmark Cities Annual Trend Report
The City of Surprise is part of a consortium known as the Valley Benchmark Cities (VBC), which is comprised of 11 valley cities in partnership with Arizona State University, the Alliance for Innovation, and the International City/County Manager Association. Each year, the VBC publishes a trend report with the goal of providing useful data for cities to collaborate, share best practices, and compare various measures. The FY2018 Annual VBC Trend Report is now available for review.