Comprehensive Annual Financial Reports (CAFRs)
Comprehensive Annual Financial Reports (CAFRs) are produced to provide the Mayor, City Council, City staff, residents, bondholders and the general public with useful information about the City’s operations and financial position.
These reports are prepared by the City’s Finance Department in accordance with standards prescribed by the Governmental Accounting Standards Board (GASB), the Government Financial Officers Association of the United States and Canada (GFOA) and other rule-making bodies. The City is responsible for the accuracy, completeness and fairness of the data presented.
The City of Boulder's CAFR for the year ended December 31, 2008, was awarded the GFOA Certificate of Achievement for Excellence in Financial Reporting. For 28 years, and this the 20th consecutive year, the City has received this award. The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. This report must satisfy both Generally Accepted Accounting Principles (GAAP) and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current Comprehensive Annual Financial Report (CAFR) continues to meet the Certificate of Achievement Program's requirements and we have submitted it to the GFOA to determine its eligibility for another certificate.
(1) Please note: the information in the CAFR has not been updated for developments subsequent to the date of the independent auditors' report.
(2) Previous years’ CAFRs are available online for historical reference. Please note: the information in the following links is dated and for historical reference only.
Last Updated on Friday, 16 November 2012 14:37