Comprehensive Annual Financial Report

The Finance Department, in cooperation with other City Departments and independent auditors, prepares the Comprehensive Annual Financial Report (CAFR). The City of Austell's financial statements presents two types of statements, each with a different snapshot of the City’s finances. The focus is now on both the City as a whole (government-wide) and the fund financial statements. The government-wide financial statements, provide both short-term and long-term information about the City’s overall financial status. The fund financials focus on the individual parts of City government, reporting the City’s operations in more detail than the government-wide statements, which present a longer-term view.

The report is audited by an independent auditor. In addition, the report is reviewed by the Government Finance Officers Association (GFOA), which has provided a "Certificate of Excellence for Financial Reporting" to the City for over the past 20 years.

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