Comprehensive Annual Financial Report (CAFR)
The Comprehensive Annual Financial Report (CAFR) is the highest level of financial reporting by a governmental organization. The CAFR Program was established by the Governmental Finance Officers Association (GFOA) in 1945 to provide a more comprehensive and detailed illustration of a community’s financial condition.
In the State of Ohio, local governments are required to document what assets they have available and what liabilities they have incurred. Generally, this is accomplished through the preparation of General Purpose Financial Statements. Many governmental organizations have chosen to go above and beyond this process and instead to develop a CAFR. The preparation of a CAFR is totally at the discretion of the community.
Deerfield Township’s CAFR is prepared in-house annually by the Finance Department.
Below you can find a copy of the township’s CAFR from the most recent years.