Annual Comprehensive Financial Report (ACFR)

The Annual Comprehensive Financial Report (ACFR) is a complete review of the City’s financial position for a given year. The ACFR is a financial report that contains, at a minimum, three sections:

• Introductory
• Financial
• Statistical

The Annual Comprehensive Financial Report for Fiscal Year 2023 was approved by the city commission at their regular meeting on on December 19, 2023. 

 It was approved by the Great Falls audit committee on December 7th, 2023.

Please Note: Each year’s ACFR describes what happened financially within the City for that fiscal year and is a statement of the City’s position at one point in time (the date of the independent auditor’s report). Therefore, the information in the ACFR has not been updated for developments subsequent to the date of the independent auditor’s report.