Commitment to transparency
Financial reporting is critical to the Town’s fiscal and asset management. Those charged with financial analysis and reporting deliver accurate and timely communication by processing, analyzing and preparing data. The Finance Department prepares various reports to provide honest, direct communication to internal customers and the public.
View more in the Town’s transparency portal.
Annual Financial Report (AFR)
In accordance with Colorado state law and the Town of Castle Rock Home Rule Charter, the Town contracts an independent firm on an annual basis to perform an audit of financial statements. Finance staff presents this audited financial information in an Annual Financial Report in accordance with Generally Accepted Accounting Principles (GAAP).
- 2020 AFR (PDF) - Current
- 2019 AFR (PDF)
- 2018 AFR (PDF)
- 2017 AFR (PDF)
- 2016 AFR (PDF)
- 2015 AFR (PDF)
- Past AFR documents - View all
The Popular Annual Financial Report titled the Financial Report to the Community provides an overview of the Town’s financial position as reported in the AFR. Finance staff designs this report as a readily accessible and easily understandable version for the general public and other interested parties without a background in public finance.
In past years, the AFR and PAFR have received awards for outstanding financial reporting from the Government Finance Officers Association.
Impact and System Development Fees
Pursuant to C.R.S. §29-1-803, the following reports detail the allocation of impact fees and system development fees collected during the most recent fiscal year. View the summary report (PDF) of the most recent fiscal year. View available datasets.
Quarterly Financial Updates
The Finance Department prepares quarterly financial reviews and presents them to Town Council to provide periodic updates on budget to actual performance. View them and other financial reporting and information.