Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report (ACFR) is a set of U.S. government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB).

The Introductory section orients and guides the reader through the report. The Financial section presents the entity’s basic financial statements as well as notes to the statements and the independent auditors’ report. The Statistical section provides additional financial and statistical data, including data about financial trends that may better inform the reader about the government’s activities.

A regular annual report typically presents only basic financial statements about the government. The ACFR, by contrast, presents a wider variety of important information intended to help the reader properly understand the basic statements.

Each local government ​posting ACFR's with Certificates of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA), to meet A.R.S. § 41-725 requirements, subsection H, can be found below.

State of Arizona


Retirement Systems




Cities and Towns


Community Colleges


School Districts