ANNUAL COMPREHENSIVE FINANCIAL
REPORTS (ACFR)

The ACFR is presented in three sections: Introduction; Financial; and Statistical. The Introduction contains an overview of the PSD’s mission and its operations, including management transmittal letters. The Financial section has a report of the independent auditor, management’s discussion and analysis, the PSD’s financial statements, and supplemental financial data. The Statistical section includes financial and demographic information, generally presented on a multi-year basis.