Financial Reports

The Authority prepares an Annual Comprehensive Financial Report (ACFR) rather than merely the Annual Financial Report and Audit required under State Statute, which evidence the spirit of transparency and full disclosure. An ACFR is an annual financial report that contains three sections: an introduction, audited financial statements, and extensive statistical data on the Authority, its partner agencies and the community.

It is the intention of the Authority to continue to prepare and publish an annual ACFR in late winter of each year. The ACFR also contains the statutorily required external third party annual audit report.