Comprehensive Annual Financial Reports (CAFRs)
The Comprehensive Annual Financial Report (CAFR) is a thorough and detailed presentation of SASD’s financial condition. It reports on activities and balances for each fiscal year.
The CAFR complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB). Each CAFR is “audited” by an external American Institute of Certified Public Accountants (AICPA) certified accounting firm utilizing GASB requirements.