Local governments are required by Colorado State Statute to prepare financial statements in conformity with Generally Accepted Accounting Principles (GAAP) and have those financial statements audited by an independent auditor. The audited results are published annually in Boulder County’s Comprehensive Annual Financial Report (CAFR).*
*Note: State law requires that annual audited financial statements be completed by July 31 for the previous calendar year. Therefore, the most recent report may be dated one year behind the current year (e.g., the 2017 CAFR will be published in July 2018).