In This Report
Your Town Government Garner at a Glance FY 15-16 Milestones FY 15-16 Financial Highlights The Town as a Whole and Its Net Position Revenues, Expenditures, Changes in Fund Balance Bond Activity / Long-Term Debt GFOA Award
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Message to the Citizens of Garner
THE TOWN OF GARNER is pleased to present the 2016 Popular Annual Financial Report( PAFR), which offers an easy-to-read summary of the Comprehensive Annual Financial Report( CAFR) for the fiscal year ending June 30, 2016. The PAFR is intended to increase awareness in the community about the Town’ s financial operations. We want to guarantee that you 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 in large part 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.
The CAFR is available at Town Hall( currently 914 7th Ave.) and on the Town’ s website, garnernc. gov. If you have questions about the Town’ s financial reports or other documents, you can reach the Finance Department at 919.773.4408.
Sincerely,
Ronnie S. Williams
2 2016 Popular Annual Financial Report