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Explore the comprehensive financial details of Capital Municipal Water District for the years ending June 30, 2023, and 2022, highlighting financial health, revenues, and operational insights.

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What is annual comprehensive financial report?

An Annual Comprehensive Financial Report (ACFR) is a detailed presentation of a government's financial condition. It includes financial statements, notes, and supplementary data to provide a full disclosure of financial information.

Who is required to file annual comprehensive financial report?

Generally, state and local governments are required to file an ACFR. Public entities that follow generally accepted accounting principles (GAAP) must also prepare an ACFR.

How to fill out annual comprehensive financial report?

To fill out an ACFR, entities should gather financial data, adhere to GAAP guidelines, organize financial statements and supplementary information, and ensure all disclosures are made before submitting the report.

What is the purpose of annual comprehensive financial report?

The purpose of the ACFR is to provide a complete overview of a government’s financial activities and position, ensuring transparency and accountability to taxpayers and other stakeholders.

What information must be reported on annual comprehensive financial report?

The ACFR must include the government's financial statements, notes to the financial statements, a management discussion and analysis, and various supplementary schedules and statistical data.

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