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Comprehensive Annual Financial Report (CAFR)

CAFR 2007 Cover

Comprehensive Annual Financial Report (CAFR)
for Fiscal Year ended June 30, 2007


Complete FY 2007 CAFR (pdf / 1.7 MB / 158 pgs)

 

Book by Section:
Introductory Section  (pdf / 761 kb / 14 pgs)
Letter of Transmittal (pdf / 541 kb / 5 pgs)
Award for Excellence (pdf / 542 kb / 1 pg)
List of Elected and Appointed Officials (pdf / 472 kb / 1 pg)
Organizational Chart (pdf / 487 kb / 1pg)
Financial Section (pdf / 1.4 MB / 108 pgs)
Independent Auditors' Report (pdf / 881 kb / 2 pgs)
Management's Discussion and Analysis (pdf / 638 kb / 16 pgs)
Basic Financial Statements (pdf / 563 kb / 18 pgs)
Notes to Financial Statements (pdf / 729 kb / 44 pgs)
Supplementary Information (pdf / 507 kb / 4 pgs)
Combining and Individual Fund Statements and Schedules (pdf / 594 kb / 24 pgs)
Statistical Section (pdf / 604 kb / 32 pgs)

For the 34th consecutive year, the Government Finance Officers Association (GFOA) of the United States and Canada has awarded the City a Certificate of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR). In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized CAFR, which must satisfy both Generally Accepted Accounting Principles and applicable legal requirements. This Certificate of Achievement is rewarded on a yearly basis. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements.

The Certificate of Achievement for Excellence in Financial Reporting along with our clean audit opinion speaks of the financial integrity of the City. The result is:

    • A better bond rating on City bonds results in the City paying less interest.
    • Lower interest rates results in the citizens paying lower property taxes.
    • Lower property taxes results in satisfied citizens and Scottsdale becoming a more desirable place to live.
    • Scottsdale being a more desirable place to live results in more businesses and individuals moving into the area.
    • As more businesses and individuals move into the area the property tax base is expanded.

    The CAFR is available on CD-ROM.