Each year, the Service Authority prepares its annual budget. This balanced budget is an estimate of revenues and expenditures for the upcoming fiscal year. It includes projected revenue from all sources and projected expenditures for planned operations and services. After the fiscal year has ended, the Service Authority’s annual audit is performed. This process culminates with the issuance of the Annual Audit Report or Annual Comprehensive Financial Report (ACFR), which presents the actual revenues and expenditures for the prior fiscal year and discusses the Service Authority’s financial position. To view the Service Authority’s ACFR reports, please visit here.