The Clay County Commission Business Session on August 28, 2025, featured a significant presentation by County Auditor Victor Hurlburt regarding the 2024 Popular Annual Financial Report (PAFR). This report serves as a high-level overview of the county's financial status, summarizing detailed financial statements and providing essential insights into the county's fiscal health.
Hurlburt emphasized the report's role as a communication tool for both the board and citizens, allowing them to track the flow of taxpayer dollars. He noted that the PAFR is designed to be accessible and intuitive, aiming to enhance public understanding of county finances. The auditor mentioned ongoing discussions about potentially renaming the report to better reflect its purpose, suggesting titles like "Citizen's Guide to County Finances."
The report outlines key financial metrics, including revenue sources and expenditures, ultimately presenting the county's financial condition. Hurlburt highlighted that the report would be available online, complete with links to the comprehensive financial report and budget documents, ensuring transparency and accessibility for residents.
Additionally, Hurlburt shared the county's ambition to achieve the highest national standards in financial reporting. Clay County is currently pursuing awards for budget excellence and financial reporting, striving for a "triple crown" recognition that only one other county in Missouri, St. Louis County, has achieved.
The session also included demographic insights, noting that Clay County is the fifth largest county in Missouri, with a population of 263,370 residents. This information underscores the importance of effective financial management and communication as the county continues to grow and serve its community.