Office of the New York State Comptroller seal

Annual Financial Report

15th December 2022 at 8:25pm
Table of Contents

Pursuant to Article 3 of the General Municipal Law, every local government must annually file a financial report with the Comptroller. The Annual Financial Report (AFR) has been developed to meet the requirement that the Office of the State Comptroller (OSC) provide the forms for this annual report.

The AFR provides the following benefits:

  • Access to the application from anywhere there is an internet connection.
  • Access to previous years’ reports.
  • Multiple report preparers to access the application.
  • Automated data checking with validation rules to ensure accurate reporting.
  • Areas where you can provide explanations or other comments.
  • The ability to print a hard copy of your report.

The AFR is used to report financial information recorded in your accounting records so completing your AFR will be easier if you have closed your books and reconciled all accounts.