Home Finance Financial Reporting

Bookmark and Share Print

Popular Annual Financial Reports (PAFRs)

The purpose of this report is to summarize and simplify the presentation of information contained in the Comprehensive Annual Financial Report (CAFR) of the City of Boulder. The city’s financial statements are prepared in accordance with generally accepted accounting principles and are independently audited by an external CPA firm. Much of the information in the audited financial statements is necessarily technical and complex. As a result, the full financial statements may not be particularly useful to the citizens of the city who wish to better understand city government finances.

Over the last several years, state and local governments have begun issuing simplified financial reports. These are often referred to as "Popular Annual Financial Reports (PAFR)." These reports are intended to better inform the public about their government's financial condition, without excessive detail or the use of technical accounting terms.

This report summarizes and explains the information contained in the financial statements for the last fiscal year, along with other information on the city’s finances, in easily understood terms. This report represents the ongoing commitment of city officials to keep the citizens informed about city finances, and to be accountable in all respects for the receipt and expenditure of public funds.

Current Year PAFR:

pdf2011  

Archived PAFRs:

Financial Reporting Contacts