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CITY OF MONTICELLO PITT COUNTY, ILLINOIS___ORDINANCE NO. 2018 22AN ORDINANCE AMENDING TITLE XI, CHAPTER 114 OF THE CITY OF MONTICELLO MUNICIPAL CODE REGARDING SOLICITORS AND CANVASSERS ___ADOPTED
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Comprehensive Annual Financial Report (CAFR) is a set of government financial statements presenting the financial condition and activities of a government entity.
Government entities, such as states, counties, cities, school districts, and special districts, are required to file a Comprehensive Annual Financial Report.
To fill out a Comprehensive Annual Financial Report, government entities follow standardized accounting principles and guidelines set by the Governmental Accounting Standards Board (GASB).
The purpose of the Comprehensive Annual Financial Report is to provide transparency and accountability regarding the financial operations of a government entity to its stakeholders.
A Comprehensive Annual Financial Report typically includes financial statements, management's discussion and analysis, notes to the financial statements, and other required supplementary information.
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