The document is the City of Donna’s 2012 Comprehensive Annual Financial Report. It presents the city’s audited financial statements for the year ending September 30 2012, includes the auditor’s report, management’s discussion, and a full set of government‑wide and fund‑level statements. The independent audit by Long Chilton LLP concludes that, because the city lacks a property control ledger and has not recorded depreciation for its capital assets, the financial statements for the governmental activities do not fairly present the city’s financial position. For the business‑type activities, water and sewer fund, and all other major funds, the auditor finds the statements to be fairly presented, except for the same missing depreciation information where it could not be estimated.
| Fiscal year end | September 30, 2012 |
| Audit report date | March 28, 2013 |
| Elected officials covered | 5 (Mayor + 4 council members) |