Government
Popular Annual Financial Report
You may have heard of a Popular Annual Financial Report (PAFR) and wondered what it is. Simply put, a PAFR is a user-friendly summary of Deerfield Township's financial health and activities. While the Township produces a comprehensive financial report that's very detailed, the PAFR is designed to be much easier for everyone to understand.
What is a PAFR?
Think of the PAFR as a condensed, easy-to-read version of the Township's financial story. It uses clear language, charts, and graphs to show:
- Where your tax dollars come from
- Where your tax dollars go
- The Township's overall financial health
Why is the PAFR Important to You?
The PAFR is incredibly important for Deerfield Township residents because it offers:
- Transparency and Accountability
- Informed Decision-Making
- Community Engagement
In essence, the PAFR empowers you to be a more informed and engaged participant in your local government. It's a vital tool for ensuring our Township remains financially sound and continues to provide the high-quality services we all value.