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Comprehensive Annual Financial Reports

All state and local governments are required by the state to publish a complete set of financial statements, showing conformity with generally accepted accounting principles (GAAP), and audited by a firm of licensed certified public accountants. The Comprehensive Annual Financial Report (CAFR) is a thorough and detailed presentation of the City’s financial condition. The City’s CAFR reflects activities and balances, evidencing the spirit of transparency and full disclosure.