The City Of Mobile's Popular Annual Financial Report Released

News

Mobile AL

27 April, 2021

3:31 PM

Description

From the City of Mobile: April 27, 2021 We are pleased to present the Popular Annual Financial Report (PAFR) for the fiscal year ended September 30, 2020. The PAFR is presented as a means of increasing public understanding of City finances through user-friendly financial reporting. As you review our PAFR, we invite you to share any questions, concerns or recommendations. The PAFR is written in a simplified manner that will summarize and communicate the City's financial condition at a high level. In addition to providing information on City finances and government operations, this report also helps demonstrate what makes Mobile a great place to live, work and play. The PAFR summarizes some of the financial information contained in the Comprehensive Annual Financial Report (CAFR). The CAFR is prepared in accordance with Generally Accepted Accounting Principles (GAAP) and is independently audited by Wilkins Miller, LLC. The full CAFR is available online at www.cityofmobile.org. The PAFR is unaudited and it does not include information on all of the City's Funds or Component Units. However, to the best of our knowledge, the information presented in the PAFR accurately represents the financial position and results of operations for the fiscal year. Click here to view the digital copy of the 2020 PAFR. This press release was produced by the City of Mobile. The views expressed here are the author's own.

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