The Comprehensive Annual Financial Report (CAFR) is prepared annually in conformity with generally accepted accounting principles. The City has been awarded "The Certificate of Achievement for Excellence in Financial Reporting" every year since 1994 by the Government Finance Officers Association of the United States and Canada. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
The CAFR is prepared in conjunction with the City's annual audit, which is performed each spring for the previous year. The most recent CAFR is available for review at the Ramsey Municipal Center or may be viewed online. Browse through Recent and Previous Comprehensive Annual Financial Report. Please note information in the CAFR has not been updated for developments subsequent to the date of the independent auditor's report.