Page 11 - PAFR 2023

Financial Reporting Award

The Popular Annual Financial Report (PAFR), sometimes
called the Annual Report to Citizens, is a summary of the
financial activities of the City's governmental funds and is
drawn from information found in the ACFR. Unlike the
ACFR, the PAFR is unaudited and presented on a non-
GAAP basis.

The City of Post Falls received the Award for Outstanding
Achievement in Popular Annual Financial Reporting from
the GFOA for the 2022 PAFR. The City has received this
award annually since 2008. The award is a prestigious
national award that recognizes conformance with the
highest standards for preparation of state and local
government popular reports. In order to receive this
award, a government unit must publish a report, with
contents that conform to standards of creativity,
presentation, understandability, and reader appeal.

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