General News

Village Issues Comprehensive Annual Financial Report

Mayor D. Greg Scott, Village Administrator Rod Davisson, and the Department of Finance are pleased to announce that the Village of Obetz issued for public review the Village’s First Comprehensive Annual Financial Report (CAFR) for the fiscal year ended December 31, 2015.  This report includes a complete set of Financial Statements which have been audited by Julian & Grube, a firm of licensed certified public accountants.

Comprehensive Annual Financial Report (CAFR)

The Comprehensive Annual Financial Report (CAFR) is prepared annually in a manner designed to fairly present the financial position and results of operations of the various funds and account groups of the Village of Obetz. The Village’s Department of Finance is responsible for the accuracy of the data and the completeness and fairness of the CAFR, including all disclosures.

The report consists of three sections: the Introductory Section, the Financial Section, and the Statistical Section.

Introductory Section

This section provides an overview and summary of the Village’s finances, economic prospects and achievements. Also included are the Village’s organization chart and a list of principal officials.  It is our hope that future years will also include the Certificate of Achievement, if awarded, for the prior year’s CAFR.  Since this Obetz’ first CAFR we do not have a prior year Certificate.

Financial Section

This section includes the Independent Auditors’ Report, Management’s Discussion and Analysis (MD&A), Basic Financial Statements, Required Supplementary Information (RSI), and various other combining and individual fund financial statements and schedules.

Statistical Section

This section includes tables of unaudited data depicting financial, economic and demographic history for the Village over the last ten years, where available. It has been prepared in accordance with the requirements of GASB Statement No. 44, Economic Condition reporting: The Statistical Section.

 

View the CAFR here