City Of Portsmouth: City Of Portsmouth Finance Department Publishes FY21 Popular And Annual Comprehensive Financial Reports

Portsmouth NH

13 January, 2022

10:16 AM

Description

Press release from the City of Portsmouth: January 12, 2022 The Portsmouth community can now access the Annual Comprehensive Financial Report and the Popular Annual Financial Report (PAFR) for Fiscal Year 2021 (FY21) on the City of Portsmouth website. The City of Portsmouth prepares the two documents following the close of each fiscal year under the guidance of Director of Finance and Administration Judie Belanger. Both documents are posted on the City website: which allows the reports to contain live links to resources for additional information. The Finance Department has included a "How To" document  to help the public navigate the PAFR document's unique interactive features. For those who cannot access the reports online, print copies are also available at City Hall, the Portsmouth Public Library and the Senior Activity Center. The City Finance Department has a limited number of the print version of the PAFR available on request. The Annual Comprehensive Financial Report is the City's official, audited "full financial disclosure" reporting on the financial health of the City. The PAFR, based on the Comprehensive Report, offers the community an engaging and easy-to-understand summary report to help citizens better understand the City's audited financial statements. The Annual Comprehensive Financial Report In presenting the two reports to the public, Director Belanger noted, "The Finance Department works continuously to offer a transparent view into the City's financial position. We hope the citizens of Portsmouth utilize the PAFR as a document to help explain the more complex aspects of the financial statements." This press release was produced by the City of Portsmouth. The views expressed here are the author's own.