Accounting is responsible for recording and reporting all financial transactions on an accurate and timely basis; preparing financial statements in accordance with Generally Accepted Accounting Principles, and issuing quarterly, internal, and special reports as required.
The City of Lawrence's Annual Comprehensive Financial Report has received a Certificate of Achievement for Excellence in Financial Reporting every year since 1991.
The Popular Annual Financial Report (PAFR) is a short report designed to provide a high-level overview of financial activities to a broad audience and is considered a best practice. The first year the City has put together a PAFR was 2019.