Annual Financial Reports

Find out how the City of Fairfax manages your tax dollars and see our financial health at a glance.

FY 2025 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:

2025 Annual Comprehensive Financial Report Cover
  • 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, 2025
  • 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

FY 2025 Popular Annual Financial Report 

  • The PAFR (Popular Annual Financial Report) is designed to communicate complicated financial information in an accessible format
  • The program was launched by the Government Finance Officers Association in 1991
  • This report covers Fiscal Year 2025 (July 1, 2024 – June 30, 2025)

It highlights where city revenue comes from, how it's spent, key achievements, and economic trends—presented in a clear, accessible format for residents.