Financial Reports

The most recent financial reports are listed at the bottom of this page. Financial reports from previous years are located in the Archive Center. For other financial documents, contact the City Clerk's Office.

General Fund Balance Analysis

• View the General Fund Balance Analysis - Fiscal Year 2019 (PDF)

Annual Comprehensive Financial Reports

The Annual Comprehensive Financial Report (ACFR) is prepared annually in a manner designed to fairly present the financial position and results of operations of the various funds and account groups of the City. The City's Department of Finance is responsible for the accuracy of the data and the completeness and fairness of the ACFR, including all disclosures.

The report consists of three sections: the Introductory Section, the Financial Section and the Statistical Section.

1. Introductory Section: This section provides an overview and summary of the City's finances, economic prospects and achievements. Also included is the City's organization chart, a list of principal officials and the Certificate of Achievement, if awarded, for the prior year's ACFR.
2. Financial Section: This section includes the Independent Auditors' Report, Management's Discussion and Analysis (MD&A), Basic Financial Statements, Required Supplementary Information (RSI) and various other combining and individual fund financial statements and schedules.
3. Statistical Section: This section includes tables of unaudited data depicting financial, economic and demographic history for the City over the last ten years where available. It is prepared in accordance with the requirements of GASB Statement Number 44, Economic Condition Reporting: The Statistical Section.

Passenger Facility Charge Program Audit Reports

The Passenger Facility Charge (PFC) Program allows the collection of PFC fees up to $4.50 for every eligible passenger at commercial airports controlled by public agencies. Airports use these fees to fund Federal Aviation Administration (FAA) approved projects that enhance safety, security, or capacity; reduce noise; or increase air carrier competition.

Beginning in the year that PFC revenues are first collected, the public agency is required to provide an annual independent audit of PFC revenue. Auditors engaged to audit PFC programs are required to "express an opinion of the fairness and reasonableness of the public agency's procedures for receiving, holding, and using PFC revenue.”

Single Audit Reports

A Single Audit is a rigorous, organization-wide audit or examination of an entity that expends $750,000 or more of federal assistance (commonly known as federal funds, federal grants, or federal awards) received for its operations.

Usually performed annually, the Single Audit's objective is to provide assurance to the U.S. federal government as to the management and use of such funds by recipients such as states, cities, universities, non-profit organizations, and Indian Tribes.

Stillwater Utilities Authority (SUA) Annual Financial Statements and Reports

This report is an analysis of the Stillwater Utilities Authority and provides an overview of the Authority's financial activities for the year ended June 30, in comparison with the prior year's financial results.