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Business

Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report (ACFR) includes Massport’s audited financial statements, which report the financial position, results of operations, and cash flows in accordance with generally accepted accounting principles (GAAP), as well as certain supplemental required information that presents Massport’s financial position in accordance with its Trust Agreements. The report also includes statistical information and narratives describing the many different business activities it manages during the year.

The ACFR contains financial information for Massport’s fiscal year, which runs from July 1 through June 30, and is prepared following the guidelines recommended by the Government Finance Officers Association (GFOA).

Massport’s 1978 Trust Agreement requires that the Authority’s audited financial results be submitted to the trustee and the bondholders by September 30 of each year, and its Enabling Act requires that they be submitted to the Commonwealth of Massachusetts by November 30 of each year.  The ACFR, which includes the audited financial results, as well as statistical and disclosure information.

The ACFRs prepared by Massport have received the GFOA Certificate of Achievement for Excellence in Financial Reporting every year since 2001.

Past years’ Annual Comprehensive Financial Reports can be viewed below:

FY2023 Annual Comprehensive Financial Report
Year Ended June 30, 2023

FY2022 Annual Comprehensive Financial Report
Year Ended June 30, 2022

FY2021 Annual Comprehensive Financial Report
Year Ended June 30, 2021

FY2020 Comprehensive Annual Financial Report
Year Ended June 30, 2020

FY2019 Comprehensive Annual Financial Report
Year Ended June 30, 2019

FY2018 Comprehensive Annual Financial Report
Year Ended June 30, 2018 

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