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RichlandLexington Airport District, South CarolinaAnnual Comprehensive Financial Report Year Ended December 31, 2022RICHLANDLEXINGTON AIRPORT DISTRICT, SOUTH CAROLINA ___ ANNUAL COMPREHENSIVE FINANCIAL
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Gather all relevant financial data including income, expenses, assets, liabilities, and equity.
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Annual Comprehensive Financial Reports (ACFR) for Charleston provide a detailed presentation of the city's financial position and performance over the fiscal year, including information on revenue, expenditures, assets, liabilities, and other financial aspects.
Entities within the city of Charleston government, including city departments and agencies, are required to file Annual Comprehensive Financial Reports to ensure transparency and accountability in public funds management.
To fill out the Annual Comprehensive Financial Report, entities must gather financial data from their accounting systems, follow the prescribed format and guidelines set by the city finance department, and ensure all information is accurate and complete before submission.
The purpose of the Annual Comprehensive Financial Report is to provide stakeholders with a comprehensive overview of the city's financial activities, promote transparency, and support informed decision-making by elected officials and the public.
The report must include financial statements, disclosures about accounting policies, budgetary comparisons, demographic information, and other relevant supplementary information that provides context to the financial data.
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