What is the purpose of the statistical section in a CAFR?

• A. Provide historical, demographic and economic data.
• B. Provide the detailed annual budget.
• C. List tax policies.
• D. Present debt service schedules.

Answer: (A)

The main idea is that the statistical section of a CAFR is there to present historical, demographic and economic data about the government and its community, so readers can see how things have changed over time and how those changes relate to fiscal outcomes. This section typically includes long‑term trend data on population, employment, income, property values, tax base, and other economic indicators, along with demographic details that help explain shifts in revenue needs and service demands. By providing this context, the statistical section supports understanding of the financial statements in the other sections and helps readers assess fiscal health and trends. The detailed annual budget belongs in the financial section where actuals versus budget are shown; debt service schedules are part of the financial disclosures or notes; and tax policies are usually described in notes or other financial sections, not in the statistical section.