Financial Reporting

COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR)

The Town’s financial statements are audited annually by an external accounting firm that specializes in municipal audits. Beginning in fiscal year 2008 and each fiscal year thereafter, the Town has submitted its Comprehensive Annual Financial Report (Annual Report) to the Government Finance Officers Association (GFOA) for review. The Town has been awarded a Certificate of Achievement for Excellence in Financial Reporting for the last twelve consecutive years.

Current and Prior Years Annual Reports

POPULAR ANNUAL FINANCIAL REPORT (PAFR)

The Popular Annual Financial Report (Popular Annual Report) is a short summary of the Town's key financial activities and provides the community with a quick overview of the Town's financial standing. The Popular Annual Report is derived from detailed information and reports that follow Generally Accepted Accounting Practices (GAAP), but it does not include all of the information about the Town's finances. The Comprehensive Annual Financial Report (Annual Report) shown above provides more detailed information following GAAP accounting standards and includes audited statements. 

December 2020 marks the first time the Town has submitted its Popular Annual Report  to the Government Finance Officers Association (GFOA) for review for the Award for Outstanding Achievement in Popular Annual Financial Reporting.

Current and Prior Years PAFRs