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Within six months of the close of each fiscal year (June 30th), state law requires California government agencies publish a complete set of financial statements presented in conformance with Generally Accepted Accounting Principles of the United States of America (U.S. GAAP). These financial statements are audited in accordance with generally accepted auditing standards by a firm of licensed certified public accountants. Prepared by the City of Cathedral City’s Financial Services Department, these statements are prepared according to Municipal Code, Section 2.12.040. The primary financial report is referred to as the City’s Annual Comprehensive Financial Report (ACFR).
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This document consists of management’s representations concerning the finances of the City. Responsibility for the accuracy of the data and the completeness and fairness of the presentation, including all disclosures, rests with the management of the City. To provide a reasonable basis for making those representations, City management has established a comprehensive internal control framework (checks and balances) designed to both protect the government’s assets from loss, theft, or misuse and to compile sufficient reliable information for the preparation of the City’s financial statements in conformity with U.S. GAAP.
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Lance, Soll, & Lunghard, LLP, a statewide firm of licensed certified public accountants, is the independent auditor of the City’s finances. Each year, the goal of the independent audit is to provide assurance the financial statements are free of misstatement. The audit involves examining evidence supporting the amounts and disclosures in the financial statements for 50+ funds the City manages; assessing the accounting principles used, ensuring the legal and appropriate checks and balances are in place to minimize risk, and evaluating the overall presentation of the financial statements. Based upon the annual audit currently in process, we anticipate the independent auditors will conclude a basis for rendering a favorable opinion of the City’s financial statements as of and for the year ended June 30, 2023.
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The City continues to actively ensure we can continue to provide vital community services. During periods of potential uncertainty, the City tries to mitigate economic volatility and the associated risk of an economic downturn, it is essential we grow our General Fund’s “Savings Account”, which is formally known as our fund balance. As a result, under the direction of the City Council, the City’s Fund Balance (“Savings Account”) Policy establishes specific goals for our savings account:
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Under the policy, the City must maintain a minimum fund balance of 33% of its annual general fund operating budget for the following purposes: (1) cash flow (50%); (2) economic uncertainties/volatility (40%); and (3) unplanned budget-related adjustments (10%). The purpose is to alleviate significant unanticipated budget shortfalls and to ensure the orderly provisions of services to citizens to this community. During the closing activities for this fiscal year (2022/2023), we anticipate having a minimum fund balance of 40%+ of our annual operating budget for the upcoming fiscal year from July 1, 2023, through June 30, 2024.
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City of Cathedral City Announces Parks Renovation Schedule for Fall/Winter 2023
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The City of Cathedral City will be closing the following parks at various dates for maintenance, cleaning and overseeding as we move into fall and winter events season: Dennis Keat Soccer Park – CLOSED Sept. 18 – Oct. 20, 2023 Town Square Park – CLOSED Sept. 25 – Oct. 27, 2023 Cathedral …Read more
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Cathedral City Police Department Holding DUI Checkpoint on Friday, Sept. 22, 2023
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On September 22, 2023, the Cathedral City Police Department will conduct a driving under the influence (DUI) Checkpoint from 6:00 p.m. to 2:00 a.m. at an undisclosed location within the city limits. DUI checkpoint locations are determined based on data showing incidents of impaired driving-related crashes. The … Read more
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Coachella Valley Repertory Presents the West Coast Premiere of The Fantasticks: A Love Story Reimagined
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COACHELLA VALLEY REPERTORY opens its 2023-2024 Season with the West Coast Premiere of a game-changing, re-imagined, and re-gendered adaptation of THE FANTASTICKS by Tom Jones and Harvey Schmidt. The casting has been announced with Eric Kunze (Broadways’ Les Miserables, Miss Saigon … Read more
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Residents with Storm Damage from Hurricane Hilary Can Apply for Property Tax Relief
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FOR IMMEDIATE RELEASE September 18, 2023 CONTACTS: Darin Schemmer, Office of Fourth District Supervisor V. Manuel Perez, (760) 863-8211 Steve Nguyen, Assessor-County Clerk-Recorder, (949) 405-3125 COACHELLA VALLEY – Owners of properties that incurred damage of $10,000 or more from … Read more
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Greater Palm Springs Realtors® Announces Disaster Relief Program Following Tropical Storm Hilary
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Anyone in Palm Springs, Cathedral City or Desert Hot Springs whose housing was impacted by the 2023 storm may be eligible for financial assistance up to $2,500. Specifically, residents who faced displacement or whose homes were damaged or destroyed may … Read more
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International Day of Peace
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Observance & Art Exhibition This year’s event is scheduled for Thursday, Sept. 21, 2023, from 4 to 6 p.m. at the Cathedral City Senior Center, 37-171 West Buddy Rogers Avenue, Cathedral City. The event will feature a program focusing on the reality that people could create peace by using the rule of law and due process to assure peace in …
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The Perez Art District's Fourth Fridays
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Beginning in September 2023, The Perez Art District’s highly anticipated Art Walk event moves to Fourth Fridays at 4pm. The season’s inaugural event is scheduled for Sept. 22, 2023, promising an immersive experience for art enthusiasts and the local community. Conveniently located at 68845 Perez Rd in Cathedral City, California, the Perez Art District is home to a vibrant community
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“RESURGENCE” All-female/non-binary art show at Desert Art Woman Gallery welcomes programming partner Wyld Womxn Feminist Art Collective
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Sept 1st - Sept 30th, 2023, 68-895 Perez Rd # i-26, Cathedral City, CA Join us where art transcends boundaries, ignites conversations, and shifts perceptions at the all-female/non-binary art show ‘RESURGENCE’ in September 2023 at Desert Art Woman Gallery, located at 68895 Perez Rd # i-26 in Cathedral City, CA. Curated by Adriana Lopez-Ospina, Lauren Bright of Wyld … Read more
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Coachella Valleys Battle in the Desert
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Come watch the sport of amateur boxing at the Cathedral City Community Amphitheater in Downtown Cathedral City. Doors open at 6:00 pm 1st boxing match starts at approximately 7:00 pm For tickets, contact Jesus Gonzalez (760) 335-8895
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Maya La Feria Internacional De Cultura
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Maya La Feria International De Cultura projects a strong local and regional audience and would represent another local event dedicated to celebrating the culture and history of Latino countries/heritage. The event, which is a proposed partnership between the Cathedral City Chamber of Commerce and Camara de Comercio Guatemala USA, features folklorico performances, live entertainment and cultural cuisine/presentations representing Mexico, Central …
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8th Annual Día de Los Muertos Festival Set for Saturday, Oct. 28, 2023 at Desert Memorial Park
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Mark your calendars for the 8th Annual Día de Los Muertos Festival from 11 a.m. to 3 p.m. on Saturday, October 28, 2023 at Desert Memorial Park! Día de Los Muertos Cathedral City invites Palm Springs Unified School District students to participate in the annual Día de Los Muertos Youth Art Exhibition, sponsored by S.C.R.A.P. Gallery. Selected work will be …Read more
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Halloween Spooktacular
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Presented by State Farm Agent, Phil Goodge Cathedral City’s Halloween Spooktacular features trick or treating with over 50,000 pieces of candy! Join friends, neighbors, and family for a Spooktacular time including activities such as Halloween costume contests (two bikes given away each hour), police and fire exhibitions, music, and family games. Halloween Spooktacular provides you with information about the police …
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Cathedral City International Hot Air Balloon Festival
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Agua Caliente Casinos, the award-winning premier destination for entertainment in the Coachella Valley, is proud to present the 9th Annual Cathedral City International Hot Air Balloon Festival & Food Truck Fiesta, taking place on Friday, November 17 – Sunday, November 19, 2023, in Cathedral City. The official kick-off begins with the balloon launch from Agua Caliente Resort Casino Spa Rancho Mirage …
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North Pole Village at SnowFest
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Snow-Fest, scheduled from 1-8 p.m. on Saturday, Dec. 9, 2023, captures all the holiday spirit and places it at one event with holiday music, Santa and Mrs. Claus, holiday tree lighting ceremony, food, and a free movie at the Mary Pickford Theatre. “North Pole Village” comes to life in front of City Hall – all lit with holiday lights. It …
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Employment
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AMBULANCE OPERATOR - EMT (24 hour shifts)
ASSISTANT ENGINEER
ASSOCIATE PLANNER
CITIZENS ON PATROL (COP)
EVENTS & SPECIAL PROJECTS COORDINATOR
FIREFIGHTER/PARAMEDIC
LAND DEVELOPMENT ENGINEER
PLANS EXAMINER I/II
POLICE CADET
POLICE OFFICER - LATERAL/ACADEMY GRADUATE
POLICE OFFICER RECRUIT
RESERVE POLICE OFFICER
SENIOR ANALYST/GRANTS
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