Grand Rapids Business Journal
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The city of Grand Rapids published the latest comprehensive annual financial report, as well as an easy-to-follow citizen’s guide for the same report.
The reports summarize the city’s finances for the fiscal year 2020. During last week’s committee of the whole meeting, city comptroller Max Frantz presented the guide as a summarized version of the comprehensive annual financial report (CAFR).
“Part of our duty to the community and achieving governmental excellence is to continuously work toward evolving our reporting and helping simplify sometimes complex subject matter,” Frantz said. “The last thing I want is for someone to feel overwhelmed by information and this guide aims at presenting a straightforward overview of key topics for individuals to learn more about the government’s finances.”
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