Get the free CAR-1 (Annual County Financial Report)

This document provides a comprehensive financial report for Harrison County, detailing receipts, disbursements, cash balances, investments, and financial assistance to nongovernmental entities for

How to fill out car-1 annual county financial

How to fill out CAR-1 (Annual County Financial Report)

1. Begin by downloading the CAR-1 form from the official county website.
2. Gather all necessary financial documents, including budgets and expenditure records.
3. Fill out the header section with your county's name, fiscal year, and contact information.
4. Report general fund revenue sources, including taxes, fees, and grants.
5. Provide detailed expenditure information, categorizing each expense appropriately.
6. Include any required supplemental schedules for specific funds or programs.
7. Review all entries for accuracy and completeness.
8. Obtain necessary signatures from county officials as required.
9. Submit the completed CAR-1 form by the designated deadline.

Who needs CAR-1 (Annual County Financial Report)?

1. County government officials responsible for finances and budgeting.
2. State agencies that require financial accountability from counties.
3. Auditors and regulatory bodies for the purpose of oversight.
4. Local residents and stakeholders interested in the county's financial health.

People Also Ask about

What are the types of financial reports?

A: The purpose of the “Alternate Hinkle System Financial Statement/Disclosure Report” is to provide an alternative financial statement/disclosure reporting format for select entity types, which are required to annually file financial statements/notes to the financial statements with the Auditor of State via the Hinkle

What is a Hinkle report?

The Hinkle System is an application developed by the Auditor of State's office to facilitate filing of certain financial statement, debt, and demographic data to the AOS, satisfying the filing requirements of the ORC and OAC.

What is auditing in simple terms?

Storing vs. analysing — accounting is for generating and storing financial information to be later analysed via financial reporting. Compiling information — financial reporting is for compiling all information, which isn't possible with financial accounting.

What is the alternate Hinkle system financial statement disclosure report?

Auditing is the verification. of financial position as disclosed by the financial statements. It is an examination of accounts to ascertain. whether the financial statements give a true and fair view financial position and profit or loss of the. business.

What is the annual comprehensive financial report?

The Annual Comprehensive Financial Report (ACFR) is the audited financial statement for the County's prior fiscal year. It is designed to fairly present the financial position as well as changes in the financial position of the County.

For pdfFiller’s FAQs

What is CAR-1 (Annual County Financial Report)?

CAR-1 (Annual County Financial Report) is a financial document that provides a comprehensive overview of a county's financial activities, including revenues, expenditures, and overall financial health over a fiscal year.

Who is required to file CAR-1 (Annual County Financial Report)?

County governments and their respective finance departments are required to file CAR-1 to ensure transparency and compliance with state financial reporting regulations.

How to fill out CAR-1 (Annual County Financial Report)?

To fill out CAR-1, counties must gather financial statements, budgetary reports, and other relevant data for the fiscal year, then accurately complete each section of the report as specified in the instructions provided by the state government.

What is the purpose of CAR-1 (Annual County Financial Report)?

The purpose of CAR-1 is to provide an accurate, transparent account of a county's financial position and operations, which aids in governance, accountability, and informed decision-making.

What information must be reported on CAR-1 (Annual County Financial Report)?

CAR-1 must report information on revenues, expenditures, assets, liabilities, fund balances, and any significant financial transactions that occurred during the fiscal year.