Diff of AnnualComprehensiveFinancialReport r1

Revision 1, 2026-01-30T14:16:00Z, by BlackEagleFalls.

+ = Annual Comprehensive Financial Report =
+ The '''ACFR''' is the City's audited annual financial statement, prepared by the accounting division of the [[FinanceDepartment]] and presented to the [[CityCommission]] with the auditor's reports.
+ The Commission accepted the ACFR and audit reports for '''fiscal year 2025''' at [[CityCommission2026-01-20]], carried 5-0.
+ The external audit is performed under contract; a three-year audit contract with '''Eide Bailly LLP''' was approved at [[CityCommission2025-02-04]]. The [[AuditCommittee]] oversees external audit coverage, reviews accounting policies and reviews the financial statements before they reach the Commission.
+ The City posts the report on its website. It is the best single document for anyone trying to understand City finances beyond a single year's budget — it carries the fund balances, the long-term debt schedule and the statistical section that the budget resolution does not.
+ ----
+ 2025 ACFR: https://greatfallsmt.gov/1110/2025-Annual-Comprehensive-Financial-Repo
+ ACFR: https://greatfallsmt.gov/353/ACFR
+ [[FinanceDepartment]] · [[AuditCommittee]] · [[CityBudget]] · [[Categories]]

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