By Truth in Accounting, includes “Timely information is crucial during government decision processes like budgeting. However, most states issue their Comprehensive Annual Financial Reports (CAFR) long after their fiscal year's end. Several states have still not issued their 2020 annual financial reports even though their fiscal years ended more than 300 days ago. These states include Arizona, California, Illinois, Iowa, Nevada, New Mexico. These states all share June 30, 2020 fiscal year ends.”
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