Comprehensive Annual Financial Reports

Generally accepted accounting principles (GAAP) provide the criteria for judging whether a financial report is fairly presented. In defining the minimum standard of acceptable basic financial reporting for state and local governments, GAAP mandate a complete set of basic financial statements, including accompanying note disclosures, as well as the presentation of certain required supplementary information in connection with the basic financial statements. GAAP encourage governments to imbed this minimum presentation within the broader framework of a comprehensive annual financial report (CAFR).

Click to view any of the CAFR reports listed below:

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