Popular Annual Financial Reports | Erie County Comptroller

As part of our continuous effort to keep you informed on how your tax dollars are being spent, beginning with the 2013 fiscal year, we are pleased to present Popular Annual Financial Reports (“PAFR”). The PAFR is primarily a summary of the financial activities of the County’s governmental funds that was drawn from information found in the corresponding Comprehensive Annual Financial Report (“CAFR”). The CAFR is prepared in conformance with Generally Accepted Accounting Principles (“GAAP”) and includes audited financial statements. Unlike the CAFR, the PAFR is un-audited and presented on a non-GAAP basis. The GAAP basis presentation in the CAFR includes the presentation of individual funds and component units, as well as full disclosure of all material events, financial and non-financial, in notes to the financial statements.