Supplement to the Comprehensive Annual Financial Report for 2010

State Law requires that all governmental units publish within six months of the close of each fiscal year (December 31 for Chicago), financial statements presented in conformity with generally accepted accounting principles (GAAP) and audited by a licensed public accountant. The purpose of the Comprehensive Annual Financial Statement (CAFR) is to provide complete and accurate financial information which complies with the reporting requirements of the Municipal Code of Chicago (Code).

In addition to the CAFR, each year the City publishes a Supplement to the CAFR, which contains additional information on the City’s finances. The 2010 CAFR Supplement can be viewed at the link to the right on the Department of Finance’s website.