Get the free CAR-1 Annual County Financial Report

This document provides a detailed financial report for Dearborn County, including statements of receipts, disbursements, cash balances, and investment balances for the fiscal year ending 2010.

How to fill out car-1 annual county financial

How to fill out CAR-1 Annual County Financial Report

1. Gather all financial data for the county, including revenues, expenditures, and fund balances.
2. Review the reporting guidelines provided by the state to ensure compliance.
3. Fill out the basic information section, including the county name, reporting period, and contact details.
4. Enter total revenues for the fiscal year in the designated section.
5. Record total expenditures in the corresponding section, ensuring all categories are covered.
6. Calculate and input the fund balances at the beginning and end of the reporting period.
7. Complete any additional required sections, such as notes or supplementary schedules.
8. Review the completed report for accuracy and ensure all fields are filled out.
9. Obtain necessary approvals or signatures as mandated by county procedures.
10. Submit the report to the appropriate state agency by the deadline.

Who needs CAR-1 Annual County Financial Report?

1. County governments are required to submit the CAR-1 Annual County Financial Report.
2. State agencies that review and monitor county financials.
3. Citizens and local stakeholders interested in transparency of county finances.
4. Auditors tasked with reviewing county financial reports for compliance and accuracy.

People Also Ask about

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.

What is the purpose of the annual financial report?

A budget is a plan for a future fiscal period, typically a year, primarily showing how tax revenue will be allocated; a ACFR contains the actual results of the prior year's financial activities.

What is the difference between a budget and a Comprehensive Annual Financial Report?

The Annual Comprehensive Financial Report (ACFR) provides a detailed review of the City's financial activities over the past fiscal year. The ACFR is prepared in ance with the generally accepted accounting principles (GAAP) established by the Government Accounting Standards Board.

What is the purpose of the Comprehensive Annual Financial Report?

An annual report is a comprehensive report detailing a company's activities throughout the preceding year. Its purpose is to provide users, such as shareholders or potential investors, with information about the company's operations and financial performance.

What is the financial status of Texas?

Texas only has $171.6 billion of assets available to pay bills totaling $181.1 billion. Because Texas doesn't have enough money to pay its bills, it has a -$9.5 billion financial hole. To fill it, each Texas taxpayer would have to send -$900 to the state.

What does cafr stand for?

The State of Texas Annual Comprehensive Financial Report (ACFR) is a set of financial statements for a state, municipality or other governmental entity that complies with the accounting requirements established by the Governmental Accounting Standards Board (GASB).

For pdfFiller’s FAQs

What is CAR-1 Annual County Financial Report?

The CAR-1 Annual County Financial Report is a financial document that provides a comprehensive overview of a county's financial performance and position over the fiscal year.

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

Counties and local governmental entities that receive state funding or are required to maintain financial accountability are typically required to file the CAR-1 Annual County Financial Report.

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

To fill out the CAR-1 Annual County Financial Report, you must gather financial data from the accounting records, complete the designated sections of the report, ensure accuracy, and submit it in accordance with the filing guidelines provided by the state agency.

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

The purpose of the CAR-1 Annual County Financial Report is to provide transparency and accountability regarding the financial activities of the county, enabling stakeholders to assess financial health and compliance with regulations.

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

The CAR-1 Annual County Financial Report must include information such as budgeted vs. actual revenues and expenditures, cash balances, outstanding debts, and any relevant financial activities and transactions over the reporting period.