ANNUAL LCG AUDIT REPORT AVAILABLE ONLINE

Lafayette, LA –Lafayette Consolidated Government (LCG) has released the 2023 annual audit report including the Annual Comprehensive Financial Report (ACFR) and Popular Annual Financial Report (PAFR), now available for public access online.

These comprehensive reports offer a detailed overview of the financial activities and performance of LCG throughout the fiscal year 2023. The Annual Comprehensive Financial Report provides a comprehensive analysis of the government's financial position, including audited financial statements, statistical data, and insightful commentary on financial trends.

Additionally, the Popular Annual Financial Report presents a condensed, user-friendly summary of the government's financial activities, designed to make complex financial information more accessible and understandable to all members of the community.

"We value sharing the 2023 Annual Financial Reports with our community," said Chief Financial Officer Karen Fontenot. "These reports demonstrate our commitment to transparency and accountability in financial management."

Key highlights of the 2023 Annual Financial Reports include:

• Overview of governmental activities, including revenues, expenditures, and fund balances
• Analysis of major initiatives and projects undertaken by LCG
• Evaluation of financial performance metrics and indicators
• Comparative data from previous fiscal years to track progress and identify areas for improvement 

The 2023 Annual Comprehensive Financial Report and Popular Annual Financial Report can be accessed on the LCG website at https://www.lafayettela.gov/docs/default-source/finance-management-documents/accounting/annual-comprehensive-financial-report-2023.pdf?sfvrsn=12c0aa44_1 and https://www.lafayettela.gov/docs/default-source/finance-management-documents/2023-popular-annual-financial-report.pdf?sfvrsn=3641220_1.  

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