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Finance Director submitting the city's FY 2017 Comprehensive Annual Financial Report.
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Official Text
To the Honorable Board:
I hereby convey a copy of the FY2017 Comprehensive Annual Financial Report (CAFR) for the City of Somerville.
A comprehensive annual financial report (CAFR) is an instrument of financial disclosure and presents a thorough and detailed presentation of the city's financial condition. All of the City's financial statements and relevant statistical information are contained in the document.
A hard copy of the document has been placed in each Alderman's mailbox.
Sincerely,
Edward Bean
Finance Director