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Popular Annual Financial Reports

Fiscal Year 2023/24 Popular Annual Financial Report

SPMUD Popular Annual Financial Report 2023/24

 

Description of a Popular Annual Financial Report (PAFR) by the South Placer Municipal Utility District emphasizing transparency.

The Popular Annual Financial Report (PAFR) provides a highlighted summary of the information in the Annual Comprehensive Financial Report. This report is specifically created to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance. This is the first year the District has created and circulated a PAFR to its customers.

The Fiscal Year 2023/24 PAFR was created by the District from the financial statements for the fiscal year ending on June 30, 2024, which have been audited by Mann, Urrutia, Nelson, Certified Public Accountants, in order to safeguard assets and ensure proper recording and reporting of transactions using Generally Accepted Accounting Principles.

 

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