Comprehensive Annual Financial Report (CAFR)
The Comprehensive Annual Financial Report (CAFR) is the official report for government agencies and includes combined statements of revenues, expenditures, and changes in the financial position. This report also provides supporting schedules necessary to demonstrate compliance with finance-related legal and contractual provisions, extensive introductory material, and a statistical section that gives more detailed information on Chicago Public Schools and the local environment.
Popular Annual Financial Report (PAFR)
The popular report presents the financial information in a way that is more understandable to parents, students, community members, taxpayers, and civic leaders.