The Annual Comprehensive Financial Report represent the City's overall financial position at the end of each fiscal year and reports the City's activities and balances. The City has received more than 30 consecutive Certificates of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA).

The Annual Comprehensive Financial Report is complex. For those looking to gain a deeper understanding of the document, the City has put together an overview that explains the purpose and content of each of its four sections.

• Understanding the Annual Comprehensive Financial Report

The PAFR is a supplement to the Annual Comprehensive Financial Report (ACFR).  All data listed in the PAFR is acquired from the ACFR.  Unlike the ACFR, the PAFR is more easily digestible for the everyday reader while providing an overview of the contents of an ACFR.  An important distinction is that the data in the ACFR is presented in accordance with Generally Accepted Accounting Principles (GAAP); however, the PAFR does not observe GAAP and is not an audited body of work.  A PAFR does not observe GAAP to allow for greater flexibility and creativity in the presentation of information.

• FY2023
• FY2024

In accordance with Federal requirements, the City of Alexandria compiles an annual Single Audit Report since it expends $750,000 or more in Federal funds each fiscal year.  The Single Audit is an organization-wide audit of the City’s Federal grants and is intended to provide assurance to the Federal Government that the City has adequate internal controls in place and is generally in compliance with program requirements.

• Year End June 30. 2024

The Monthly Financial Report details the City's General Fund revenues and expenditures as of the last day of the month, compares revenues and expenditures to the same period in the previous fiscal year, and provides an assessment of the current state of the economy. This report is presented to City Council by the City Manager and made available to the public. 

Archived prior year Monthly Financial Reports can be found at the link below:

• Monthly Financial Report Archive