Financial Reporting
Annual Comprehensive Financial Reports
The Annual Comprehensive Financial Report (Annual Report) 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 2022 marks our twenty-fourth consecutive year of unmodified audit opinions on our audited financial statements and the twenty-fourth consecutive year that we have received the Certification of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA).
2022 Annual Comprehensive Financial Report
Presented below is the 2022 Comprehensive Annual Financial Report.
- Introductory Section — Including:
- Letter of Transmittal
- Board of Directors
- Principal Staff Members
- Certificate of Achievement for Excellence in Financial Reporting
- Financial Section — Including:
- Independent Auditors' Report
- Management's Discussion and Analysis
- Financial Statements
- Notes to the Financial Statements
- Statistical Section (Unaudited) — Including:
- Financial Trends
- Revenue Capacity
- Debt Capacity
- Demographic and Economic Information
- Operating Information