The Budget and Plan
The GSSD operates according to 5-year budgets and plans which are reviewed by property owners within the district, who provide feedback and input as they are created, and is approved by the City Council of Philadelphia, as legislation. At the end of each fiscal year, the GSSD has a compliation review or audit done of it’s financial records.
Our current budget and plan are for fiscal 2013 – 2018, running from October 2013 through September 30, 2018.
The Budget: Fiscal Years October 2013 – September 2018
As an organization, we strive to be open and transparent with all of our work. During each monthly board meeting, which are open to the public, we present monthly financial statements. At the end of our year as we close out our books, we have them reviewed or audited by a 3rd party accounting and audit firm, John E. McGovern & Associates, P.C. Certified Public Accountants. This ensures that our recordkeeping is accurate, and have been prepared with stated GAAP principles.
Our fiscal year runs from October 1 - September 30.