Commentary
I’ve become a big fan of The History Channel’s series “Alone” and “Alone Australia.” The goal is for one of ten contestants to survive the longest in the fall and winter months above the Arctic Circle or near the Antarctic Circle. Living off the land is not as easy as it seems, but the winning survivalist wins a significant cash prize.
I play a similar game with California’s 482 cities. Except I get to wait for the last one to finally complete its audit by an independent Certified Public Accounting firm and then post its annual comprehensive financial report (ACFR) for its residents to see. This disclosure requirement is usually completed within six months after the conclusion of the June 30 fiscal year end. Sometimes it takes nine months. Sometimes … years….