In This Section


Financial Reporting

Comprehensive Annual Financial Reports

The Comprehensive Annual Financial Report (CAFR) is presented in three sections: introductory, financial, and statistical. The introductory section, which is not audited, includes a letter of transmittal and a list of the Authority's Board Members and Principal Staff Members. The financial section includes management's discussion and analysis, the general purpose financial statements and schedules, as well as the independent auditors report on these financial statements and schedules. The statistical section, which is not audited, includes selected financial, Authority, and demographic information, presented on a multi-year basis.

The independent audit process not only certifies that an enterprise adheres to standard accounting practices, but also that internal controls support the achievement of the organizations goals and mission. FY 2019 marks our twenty-first consecutive year of unmodified audit opinions on our audited financial statements and the twenty-first consecutive year that we have received the Certification of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA).

2019 Comprehensive Annual Financial Report

FY 2017 Comprehensive Annual Financial Report
FY 2019 Comprehensive Annual Financial Report

Presented below is the 2018 Comprehensive Annual Financial Report.

  1. Introductory Section — Including:
    • Letter of Transmittal
    • Board of Directors
    • Principal Staff Members
    • Certificate of Achievement for Excellence in Financial Reporting
  2. Financial Section — Including:
    • Independent Auditors' Report
    • Management's Discussion and Analysis
    • Financial Statements
    • Notes to the Financial Statements
  3. Statistical Section (Unaudited) — Including:
    • Financial Trends
    • Revenue Capacity
    • Debt Capacity
    • Demographic and Economic Information
    • Operating Information