present the 2020 Popular Annual Financial

Report ( PAFR ), which offers an easyto-read summary of the recently completed Comprehensive Annual Financial Report ( CAFR ) for the fiscal year ending June 30 , 2020 .

Our PAFR was first published several years ago to increase awareness in the community about our financial operations . The Town wants to guarantee that residents have access to high-quality , easily understandable financial information so that you can be well informed and have the utmost confidence in the way we are running your town .

The financial information in this report is derived from the financial statements in the Town ’ s CAFR , which is produced in accordance with generally accepted accounting principles and is audited by an independent certified public accounting firm . Although the financial data presented in this report are consistent with generally accepted accounting principles , the PAFR is not expected to provide all of the detail and disclosure required of the CAFR .

That more detailed financial report — the CAFR — is available at Town Hall ( 900 7th Ave .) and on the Finance Department ’ s main page on the Town ’ s website at garnernc . gov / departments / finance .

For more information about the Town ’ s financial reports , please contact the Finance Department at 919.773.4408 .

Ken Marshburn Mayor of Garner

KEN MARSHBURN Mayor Term expires 2023

KATHY BEHRINGER Mayor Pro Tem Term expires 2021

DEMIAN DELLINGER Council Member Term expires 2023

4 2020 Popular Annual Financial Report