Annual Financial Reports
Find out how the City of Fairfax manages your tax dollars and see our financial health at a glance.
2024 Annual Financial Report
Each year, the City of Fairfax publishes a detailed financial report to show how tax dollars are managed and how the city is doing financially.
What you'll find inside:
- Clean audit results from an independent firm, confirming the city's finances are accurate and well-managed
- Complete breakdown of city revenues, spending, and debt for the year ending June 30, 2024
- Details about how your tax dollars support services like schools, parks, police, and public works
- Updates on major projects and economic development initiatives
- Overview of the city's growth, investments, and long-term financial health
View Past Audit Reports
2024 Popular Annual Financial Report
A Year of Firsts
This is the City of Fairfax's first-ever simplified financial report—an easy-to-read summary of the city's finances, services, and accomplishments from July 1, 2023 to June 30, 2024.
It highlights where city revenue comes from, how it's spent, key achievements, and economic trends—presented in a clear, accessible format for residents.
2024 was a "year of firsts," including new electric fleet vehicles, the city's first climate and energy manager, and fare-free rebranded CUE buses.