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Carrollton Unveils User-Friendly 2024 Annual Financial Report, Continues Tradition of GFOA Recognition

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Published on April 04, 2025
Carrollton Unveils User-Friendly 2024 Annual Financial Report, Continues Tradition of GFOA RecognitionSource: City of Carrollton, Texas

Carrollton, Texas, has rolled out its 2024 Popular Annual Financial Report (PAFR), offering a snapshot of the city's financial health in an easy-to-digest format for the community. The report encompasses the fiscal year of October 1, 2023, through September 30, 2024, touching on the City's achievements and future projects alongside crucial fiscal data. Garnering insight from the Government Finance Officers Association (GFOA) guidelines, the PAFR aims to maintain transparency and best-practice communication with the people of Carrollton.

Not only does the 2024 PAFR highlight the utility of taxpayer funds, but it also celebrates the City's consecutive recognition by GFOA. According to a recent city announcement, Carrollton was bestowed the Award for Outstanding Achievement in Popular Annual Financial Reporting for 2022 and 2023. Compiled in a sleek, public-friendly manner, the document features sections on the general fund balance, property and sales tax information, capital assets, and establishment of fiscal goals.

Carrollton's Chief Financial Officer Diana Vaughn reflected the city's commitment to financial clarity. “We’re pleased to unveil the 2024 PAFR because we know our residents will appreciate the wide range of financial information the document offers,” she told the City of Carrollton's news publication. And while the physical streets might be littered with the vibrancy of community life, Vaughn and her team strive to keep the financial ledgers clear of such colorful disarray, ensuring painstaking accuracy and responsible management of the city's fiscal landscape.

Residents can view the digital version of the accolade-winning 2024 PAFR through the City's official website, where they are invited to flip through it for a deeper insight into Carrollton's economic standing. With a discerning eye for fiscal responsibility, the City has managed to paint a picture of its strong fiscal performance without using a brush, using hard numbers and trend data instead that reflect its commitment to stellar financial health.