Financial Reports

Annual Comprehensive Financial Reports

The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Village of Montgomery for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ending April 30, 2024. This was the 21st consecutive year that the Village received this prestigious award. A government must publish an easily readable and efficiently organized Financial Report to be awarded a Certificate of Achievement. This report must satisfy both generally accepted accounting principles and applicable legal requirements. 


FY25

FY24

FY23

FY22

FY21

FINANCIAL REPORTS 5+ YEARS

Popular Annual Financial Reports

The GFOA established the Popular Annual Financial Reporting Awards Program (PAFR Program) in 1991 to encourage and assist state and local governments in extracting information from their annual comprehensive financial report to produce high-quality, popular annual financial reports specifically designed to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance and then to recognize individuals governments that are successful in achieving that goal. 

Interim Financial Reports

The Village monitors its revenues and expenditures throughout the year to ensure that it achieves the goals set by the annually adopted budget. Staff reviews interim financial reports quarterly.