NEW YORK--(BUSINESS WIRE)--XBRL US announced today that it has published a Demonstration Release Taxonomy representing selected portions of the Comprehensive Annual Financial Report (CAFR) used by state and local governments to report financial data. The taxonomy was developed by the XBRL US State and Local Government Disclosure Modernization Working Group. Since the group was formed in August 2018, members have worked to develop data standards representing the CAFR’s Statement of Net Position.