The Comprehensive Annual Financial Report (CAFR) is prepared and presented by the Columbus City Auditor, statutorily described as the City's chief accounting officer. The CAFR includes the City’s financial position and results of operations, as well as demographic and statistical information to help the reader understand the financial condition of the City for each fiscal year ending on December 31st.
Additionally, Ohio law requires that all public entities undergo an annual financial audit. The financial statements have been verified by an independent, external auditor as required by law and in order to ensure the financial statements fairly present the financial position of the City of Columbus.
This report fulfills these duties and is distributed by the City Auditor's Office to approximately 100 recipients, including civic associations, banks, brokers, rating agencies, schools, libraries, university students, and city, state, and federal officials.
In order to provide open access to City financial information, to be "GREEN", and to save expenses, all City of Columbus CAFR reports from 2001 forward are available in Portable Document Format (PDF) format for viewing online. Just select the CAFR for desired fiscal year from the list on the left to view.
The City of Columbus contracts with Plante & Moran PLLC, one of the nation’s largest certified public accounting firms, and the Auditor of State for completion of the annual audit of the City’s financial statements. Plante & Moran PLLC issued a “clean opinion” on the City’s December 31, 2017 financial statements dated March 29, 2018.
The 12/31/2017 report is subject to review and acceptance by the Auditor of State’s office, and the requirements of Ohio Revised Code §117.25 are not met until the Auditor of State certifies this report. This process will be completed by the Auditor of State in a reasonable timeframe and reports are subject to change if the Auditor of State determines that modification of a report is necessary to comply with required accounting or auditing standards or Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.