Popular Annual Financial Report

2021 PAFRThe Popular Annual Financial Report, or PAFR, is prepared to inform Wake Forest residents about the town's finances in a format that is easy to understand by those without a background in public finance or accounting. The document is designed for readers who would like to review financial and operational information in a summarized format. It also provides non-financial information to give users a better understanding of the community as a whole.

What you will find in the PAFR

  • Profile of the town, including leadership and organizational structure

  • A message from Town Manager Kip Padgett

  • Information about the town's strategic plan, including key goals

  • Demographic and economic profile of the town

  • Financial data, including Assets, Liabilities, Revenues, Expenses and Net Position

  • Projects and developments in process and upcoming for the next year

  • Finance and budget awards and accomplishments

PAFR Archives

Popular Annual Financial Report
Finance Director

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