About the ACFR
The annual comprehensive financial report (ACFR) is prepared primarily by accounting staff in the Office of Comptroller Operations and audited by independent auditors using GASB requirements. The ACFR consists of three main sections:
- Introductory – Provides general information about the Commonwealth, its organization structure, leadership, and economic condition.
- Financial – Includes the basic financial statements, notes to the basic financial statements, management’s discussion and analysis, the report of independent auditors, and other supplementary information.
- Statistical – Provides facts and figures about financial trends in the Commonwealth, revenue and debt capacity, demographic and economic information, and the operations of state government.
The Most Recent ACFR
The basic financial statements present the commonwealth’s financial position as of June 30.
- Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2024 (PDF)
- General Fund Budgetary Comparison Schedule Rationale (PDF)
- Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
Past Reports
ACFR for the Fiscal Year Ended June 30, 2023
The Office Comptroller Operations prepares these reports, including the basic financial statements, pursuant to the power vested in the Governor under Section 701 of the Administrative Code and delegated to the Secretary of the Budget.
Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2023 (PDF)
General Fund Budgetary Comparison Schedule Rationale (PDF)
Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
ACFR for the Fiscal Year Ended June 30, 2022
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ACFR for the Fiscal Year Ended June 30, 2021
The Office Comptroller Operations prepares these reports, including the basic financial statements, pursuant to the power vested in the Governor under Section 701 of the Administrative Code and delegated to the Secretary of the Budget.
Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2021 (PDF)
General Fund Budgetary Comparison Schedule Rationale (PDF)
Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
ACFR for Fiscal Year Ended June 30, 2020
The Office Comptroller Operations prepares these reports, including the basic financial statements, pursuant to the power vested in the Governor under Section 701 of the Administrative Code and delegated to the Secretary of the Budget.
Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2020 (PDF)
General Fund Budgetary Comparison Schedule Rationale (PDF)
Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
ACFR for the Fiscal Year Ended June 30, 2019
The Office Comptroller Operations prepares these reports, including the basic financial statements, pursuant to the power vested in the Governor under Section 701 of the Administrative Code and delegated to the Secretary of the Budget.
Comprehensive Annual Financial Report (CAFR) for the Fiscal Year Ended June 30, 2019 (PDF)
General Fund Budgetary Comparison Schedule Rationale (PDF)
Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
ACFR for the Fiscal Year Ended June 30, 2018
The Office Comptroller Operations prepares these reports, including the basic financial statements, pursuant to the power vested in the Governor under Section 701 of the Administrative Code and delegated to the Secretary of the Budget.
Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2018 (PDF)
General Fund Budgetary Comparison Schedule Rationale (PDF)
Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
ACFR for the Fiscal Year Ended June 30, 2017
The Office Comptroller Operations prepares these reports, including the basic financial statements, pursuant to the power vested in the Governor under Section 701 of the Administrative Code and delegated to the Secretary of the Budget.
Annual Comprehensive Financial Report (ACFR) for the Fiscal Year Ended June 30, 2017 (PDF)
General Fund Budgetary Comparison Schedule Rationale (PDF)
Motor License Fund Budgetary Comparison Schedule Rationale (PDF)
