Dear Residents of Colorado Springs,
It is my privilege to present to you the Popular Annual Financial Report (PAFR) for the City of Colorado Springs. The purpose of this report is to provide financial transparency in an easy-toread and informative format. We take our responsibility as stewards of the City’s financial resources seriously and we strive to provide customer-focused delivery of effective and efficient city services through solid financial management. I hope this report provides you with an opportunity to learn and participate in the City’s financial activities.
This report is a simplified and condensed version of the City’s Annual Comprehensive Financial Report (ACFR). The PAFR, unlike the ACFR, is unaudited and provides summary information on primary government funds, with references to other activities. Therefore, this report does not conform to reporting format standards set forth by the Governmental Accounting Standards Board or generally accepted accounting principles. It is meant to be a broader and more approachable summary. For more detailed financial information, please visit the City’s website at ColoradoSprings.gov/budget. There you can find the City’s Annual Budget, ACFR, and other detailed reporting. The website also includes information about job opportunities, City Council, parks, public safety, and other services of the City of Colorado Springs, Olympic City, USA.
Chief Financial Officer