Comprehensive Annual Financial Report (CAFR)

Comprehensive Annual Financial Report

Anyone interested in learning more about the financial workings of the Wicomico County Public Schools will find a wealth of information in the school system's Comprehensive Annual Financial Report (CAFR). The CAFR provides a thorough and detailed presentation of the school system's financial condition, activities and balances for the fiscal year, a number of financial statements, and key statistical information on finances, demographics, building inventory and operations. Information is also included on the local economy, capital plans, enrollment, budget, staffing, much of it presented over 10 years so that trends can be seen. The Independent Auditors' Report and Management's Discussion and Analysis from TGM Group LLC appears at the front of the CAFR, with an unqualified "clean" opinion on the financial statements.