The Department of Finance is proud to present the City of Fairfield’s Popular Annual Financial Report (PAFR). The PAFR summarizes the City’s financial activities from a more detailed report called the Annual Comprehensive Financial Report (ACFR). The ACFR contains financial statements prepared in conformance with Generally Accepted Accounting Principles (GAAP) and is audited by an independent auditing firm.
The City of Fairfield’s PAFR is unaudited and presented on a GAAP basis unless otherwise noted. The purpose of the PAFR is to provide summarized financial data as a means of increasing awareness and knowledge of the operations of the City. We believe our citizens deserve transparency when it comes to their tax dollars. This report is designed to help you gain a better understanding of the City’s resources and how we put your tax dollars to use.