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Bernalillo County Releases the Comprehensive Annual Financial Report

12/19/2018
4:41 PM

Bernalillo County has released its Comprehensive Annual Financial Report (CAFR) for the fiscal year ending June 30, 2018.

The CAFR contains detailed financial information and is intended for in-depth users of financial reports such as financial analysts and bond rating agencies.

The CAFR outlines Bernalillo County’s financial condition and received an “unmodified” opinion from auditors. This indicates that it fairly represents the financial condition of the county and that financial statements are presented, in all material respects, in accordance with applicable financial reporting framework.

The Comprehensive Annual Financial Report will be considered for the prestigious “Certificate of Achievement for Excellence in Financial Reporting” from the Government Finance Officers Association (GFOA). Bernalillo County has earned the award for 14 consecutive years.

In order to receive this award, GFOA requires the report to the audited by an independent auditor and satisfy both generally acceptable accounting principles and applicable legal requirements.

The CAFR document is available for viewing on the county’s website at: www.bernco.gov/comprehensive-annual-br-financial-reports/.

 

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