Financial Reports

Annual Comprehensive Financial Report 

The Annual Comprehensive Financial Report (ACFR) is prepared by the County's Finance & Management Services Department in accordance with the standards of financial reporting as prescribed by the Governmental Accounting Standards Board (GASB), the Financial Accounting Standards Board (FASB), and the Auditor of Public Accounts of the Commonwealth of Virginia (APA). The ACFR is a detailed presentation of the county's financial position and activities for the fiscal year, and is audited by an independent firm of certified public accountants.

In Fiscal Year 2020, official guidance for the audit of Coronavirus Relief Funding (CRF) was delayed and therefore delayed the finalization of the Single Audit.  This resulted in the ACFR being issued separately from the Compliance Reports.  A link to the Compliance Reports and Reports of Independent Auditor for Fiscal Year 2020 can be found below the Annual Comprehensive Financial Report Year Ended June 30,2020.

For additional information or previous Annual Comprehensive Financial Reports, please contact the Finance & Management Services Department at 540-772-2020.