Comprehensive Annual Financial Reports
The Comprehensive Annual Financial Report (CAFR) is the annual financial statement for Citrus County, Florida. It is prepared in accordance with generally accepted accounting principles and contains information about the primary government; other entities for which the County is financially accountable and those entities having such a relationship with the County that omitting them would cause the financial statements to be misleading. Better understand the content of a county CAFR by viewing past Citrus County CAFR documents.
The CAFR is presented in 4 sections:
The Financial Section includes the management's discussion and analysis, basic financial statements and the combining and individual fund statements and schedules, as well as the independent auditor's report on the financial statements.
The Statistical Section, which is unaudited, includes selected financial and demographic information, generally presented on a multi-year basis.
The Compliance Section presents information in conformity with provisions of the Federal and State Single Audit Acts, which establish audit requirements for state and local governments that receive federal and state assistance. This section includes grant schedules and independent auditor's reports on the internal control structure and compliance with applicable laws and regulations.
Certificate of Achievement for Excellence in Financial Reporting
The "Certificate of Achievement for Excellence in Financial Reporting" has been awarded to Citrus County, Florida by the Government Finance Officers Association of the United States and Canada for its CAFR for the fiscal year ended September 30, 2015. Citrus County began participating in the Certificate Program in 1998 and has received this prestigious award every year.