Tuolumne County’s Annual Comprehensive Financial Reports

The California State Controller’s Office requires that Tuolumne County release its Annual Comprehensive Financial Report (ACFR) to them by October 30 and make it available to the public by December 31 unless the County is granted an extension by the CA Controller. The County released its Annual Comprehensive Financial Report /Comprehensive Annual Financial Report late 14 of the last 18 years.

An Annual Comprehensive Financial Report (ACFR), formerly called Comprehensive Annual Financial Report (CAFR), is a set of U.S. government financial statements comprising the financial report of a state, municipal, or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB). A CAFR is not identical to audited financial statements, although financial statements in a CAFR must be audited to qualify as a CAFR.

The County’s Clerk and Auditor-Controller is responsible for publishing the Annual Comprehensive Financial Reports.

Tuolumne County released its Annual Comprehensive Financial Report (ACFR) for the fiscal year ending June 30, 2021, on 4/24/23.
It should be noted that the ACFR must be released within 180 days of the end of the fiscal year (December 31). It was released almost 16 months late.

In 2021, the County debt was $216,341,000.00

Management’s Discussion and Analysis
(Required Supplementary Information – Unaudited)
(Amounts Reported in Thousands)
Page 5, heading

As noted earlier, net position may serve over time as a useful indicator of a government’s financial
position. In the case of the County, assets and deferred outflows of resources exceeded liabilities and
deferred inflows of resources by $68,075 at June 30, 2021
Page 8, paragraph 1

Long-Term Liabilities. As of June 30, 2021, the County had total long-term liabilities of $216,341. Of
this amount, 4% ($8,373) relates to claims liability, 2% ($4,580) relates to compensated absences, 1%
($2,828) relates to the landfill closure/post-closure, 14% ($31,103) relates to bonds payable, 19%
($40,845) relates to the County’s total OPEB liability, and 60% ($128,612) relates to the County’s net
pension liability.
Page 14, paragraph 1
Source accessed on 4/28/2023: County of Tuolumne California ACFR for the fiscal year that ended on June 30, 2021

  1. 2023 ACFR – Fiscal Year Ended June 30, 2023 – Due 12/31/2023 not published – Late
  2. 2022 ACFR – Fiscal Year Ended June 30, 2022 – Due 12/31/2022 not published – Late
  3. 2021 ACFR – Fiscal Year Ended June 30, 2021 – Due 12/31/2021 – Created: 4/24/23, 4:28:21 PM – Late
  4. 2020 CARF – Fiscal Year Ended June 30, 2020 – Due 12/31/2020 – Created: 7/28/22, 7:38:23 AM – Late
  5. 2019 CARF – Fiscal Year Ended June 30, 2019 – Due 12/31/2019 – Created: 6/25/20, 2:43:35 PM – Late
  6. 2018 CARF – Fiscal Year Ended June 30, 2018 – Due 12/31/2018 – Created: 10/2/19, 12:14:26 PM – Late
  7. 2017 CARF – Fiscal Year Ended June 30, 2017 – Due 12/31/2017 – Created: 12/28/17, 9:52:51 AM – Late
  8. 2016 CARF – Fiscal Year Ended June 30, 2016 – Due 12/31/2016 – Created: 12/27/16, 2:59:31 PM – On time,
  9. 2015 CARF – Fiscal Year Ended June 30, 2015 – Due 12/31/2015 – Created: 3/30/16, 3:03:28 PM – Late
  10. 2014 CARF – Fiscal Year Ended June 30, 2014 – Due 12/31/2014 – Created: 2/25/15, 3:21:08 PM – Late
  11. 2013 CARF – Fiscal Year Ended June 30, 2013 – Due 12/31/2013 – Created: 12/19/13, 3:28:41 PM – On time
  12. 2012 CARF – Fiscal Year Ended June 30, 2012 – Due 12/31/2012 – Created: 1/30/13, 1:25:12 PM – Late
  13. 2011 CARF – Fiscal Year Ended June 30, 2011 – Due 12/31/2011 – Created: 12/28/11, 4:41:51 PM – On Time
  14. 2010 CARF – Fiscal Year Ended June 30, 2010 – Due 12/31/2010 – Created: 12/29/10, 12:23:15 PM – On Time
  15. 2009 CARF – Fiscal Year Ended June 30, 2009 – Due 12/31/2009 – Created: 4/27/10, 3:01:55 PM – Late
  16. 2008 CARF – Fiscal Year Ended June 30, 2008 – Due 12/31/2008 – Created: 2/6/09, 1:44:17 PM – Late
  17. 2007 CARF – Fiscal Year Ended June 30, 2007 – Due 12/31/2007 – Created: 6/23/08, 3:16:26 AM – Late
  18. 2006 CARF – Fiscal Year Ended June 30, 2006 – Due 12/31/2006 – Created: 2/9/09, 3:57:11 PM – Late
California Public Records Act (CPRA) requests and responses

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
Definitions

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.