Tuolumne County’s debt is disclosed in the Annual Comprehensive Financial Report (ACFR), previously known as the Comprehensive Annual Financial Report (CAFR).
According to CA Government Code Sections 25250 and 25253, the Annual Comprehensive Financial Report must be published within 180 days of the end of the fiscal year (December 31). Over the last 11 years, the County has released its Annual Comprehensive Financial Report / Comprehensive Annual Financial Report late nine times.
An Annual Comprehensive Financial Report (ACFR), previously known as a Comprehensive Annual Financial Report (CAFR), is a collection of government financial statements that comply with the accounting requirements established by the Governmental Accounting Standards Board (GASB).
Donald McNair, Clerk & Auditor-Controller, is responsible for publishing the Annual Comprehensive Financial Report.
Fiscal Year Ended June 30, 2023
Fiscal Year Ended June 30, 2022 – ACFR Due 12/31/2022 not published – Late
Fiscal Year Ended June 30, 2021 – Due 12/31/2021 –Created: 4/24/23, 4:28:21 PM – Late
- Debt: $216,341,000.00
- Unfunded pension liability: $128,612,000.00
- Page 14 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=654
Fiscal Year Ended June 30, 2020 – Due 12/31/2020 – Created: 7/28/22, 7:38:23 AM – Late
- Debt: $199,982,000.00
- Unfunded pension liability $118,048,000.00
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=603
Fiscal Year Ended June 30, 2019 – Due 12/31/2019 – Created: 6/25/20, 2:43:35 PM – Late
- Debt: $188,311,000.00
- Unfunded pension liability: $107,835,000.00
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=602
Fiscal Year Ended June 30, 2018 – Due 12/31/2018 – Created: 10/2/19, 12:14:26 PM – Late
- Debt: $184,593,000.00
- Unfunded pension liability: $103,633,000.00
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=554
Fiscal Year Ended June 30, 2017 – Due 12/31/2017 – Created: 12/28/17, 9:52:51 AM – Late
- Debt $139,267,000.00
- Unfunded pension liability: $90,880,000.00
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=554
Fiscal Year Ended June 30, 2016 – Due 12/31/2016 – Created: 12/27/16, 2:59:31 PM – On time
- Debt: $30,456,000.00
- Unfunded pension liability not reported
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=477
Fiscal Year Ended June 30, 2015 – Due 12/31/2015 – Created: 3/30/16, 3:03:28 PM – Late
- Debt: $31,332,000.00
- Unfunded pension liability not reported
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=434
Fiscal Year Ended June 30, 2014 – Due 12/31/2014 – Created: 2/25/15, 3:21:08 PM – Late
- Debt: $39,359,000.00
- Unfunded pension liability not reported
- Page 10 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=334
Fiscal Year Ended June 30, 2013 – Due 12/31/2013 – Created: 12/19/13, 3:28:41 PM – On time
- Debt $38,364,000.00
- Unfunded pension liability not reported
- Page 12 – https://www.tuolumnecounty.ca.gov/Archive.aspx?ADID=259
Tuolumne County’s Financial Data
https://www.tuolumnecounty.ca.gov/154/Financial-Data
2022-07-17 CPRA request – Tuolumne County’s CARF 2020 2021 2022
2023-03-19 CPRA request – Tuolumne County’s CARF 2021
2023-04-18 CPRA request – Tuolumne County CAFR extension 2021 2022
2023-04-19 CPRA response – Tuolumne County CAFR extension 2020 2021
- County of Tuolumne Financial Data
- Most Recent Comprehensive Annual Financial Report – 2021
- View All Comprehensive Annual Financial Reports – 2006 to 2021
Annual Comprehensive Financial Report:
ACFR stands for Annual Comprehensive Financial Report. An ACFR is a set of financial statements for a state, municipality, or other governmental entity that comply with the accounting requirements established by the Governmental Accounting Standards Board (GASB). It must be audited by an independent auditor using generally accepted government auditing standards.
The ACFR consists of three sections: Introductory, Financial, and Statistical. An ACFR contains the actual results of the prior year’s financial activities.
Regular financial report/budget:
A regular annual report/budget typically presents only basic financial statements about the government. An ACFR, by contrast, presents a broader variety of important information intended to help the reader properly understand the basic statements.
A budget is a plan for a future fiscal period, typically a year, primarily showing how tax revenue will be allocated.