Acronym
ACFR
Also known as: CAFR (older name), Annual Audit
Annual Comprehensive Financial Report — the City's audited annual financial statement.
Replaces the older term CAFR. Includes audited financial statements, statistical section, and notes. Menlo Park's FY 2023-24 ACFR received the GFOA Certificate of Achievement for Excellence in Financial Reporting.
In Menlo Park
FY 2024-25 ACFR was submitted to GFOA per the May 2026 budget workshop deck.