Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report (ACFR) is a complete set of financial statements presented in conformity with accounting principles generally accepted by the United States (GAAP) and is audited by a firm of licensed certified public accountants.

The ACFR is presented in four sections:

  1. Introduction: Contains basic information including a table of contents, letter of transmittal, and an organizational chart.
  2. Financial: Contains the auditor's report, the city manager's analysis, and financial statements.
  3. Statistical: Contains financial trends, revenue, department capacities, demographic, and operating information.
  4. Internal Control and Compliance: This contains the auditor's report. 

Belle Isle's Finance Director and City Manager continue to receive the Certificate of Achievement for Excellence in Financial Reporting.

Please visit the Auditor General's website for previous Annual Comprehensive Financial Report.