Popular Annual Financial Reports (PAFR)

Internal Audit annually assesses and reports on Maricopa County's financial condition in a highly visual, user-friendly, annual Financial Condition Report. This report displays key financial ten-year trends and compares Maricopa's trends to 10 western U.S. counties' trend averages.

FY2015 Citizens Financial Condition Report - February 2016


Full Report (PDF) | Infographic (PDF)
For Fiscal Year 2015, we highlight the financial strength of Maricopa County's General Fund and other Governmental Funds through graphic displays of key financial ratios, trends, and comparisons. In spite of national and local economic challenges in recent years, the County has been able to pay for significant capital projects without incurring liabilities. Maricopa County has a fiscally conservative management philosophy and spends significantly less on delivering services than benchmark counties.
Cactus Flower

FY2014 Citizens Financial Condition Report - February 2015


Full Report (PDF) | Infographic (PDF)
Our Fiscal Year 2014 Citizens Financial Condition Report highlights the County's fiscal strength. The General Fund Spendable balance remains healthy but has decreased due to planned capital expenditures. County key financial indicators continue to compare favorably with benchmark counties.
Downtown

FY2013 Citizens Financial Condition Report - March 2014


Full Report (PDF) | Infographic (PDF)
Our Fiscal Year FY2013 Citizens Financial Condition Report highlights the financial strength of the County's General Fund and other key financial indicators. This edition provides information, trends, and comparisons on County financial topics including: General Fund Balance, Cash and Investments, Liquidity and Long-Term Debt, Revenues and Expenditures, and Retirement Plans.
Maricopa County Administration Building and Trees

FY2012 Citizens Financial Condition Report - February 2013


Full Report (PDF)
Our Fiscal Year FY2012 Citizens Financial Condition Report highlights the financial strength of the County's General Fund within the context of the financial challenges currently facing national and local economies.
Report and chart

FY2011 Citizens Financial Condition Report - February 2012


Full Report (PDF)
Maricopa County shows consistent fiscal strength in FY2011. The General Fund spendable (unrestricted) fund balance remained healthy, key County financial indicators compared very favorably to national benchmarks, county net assets, an indicator of long term financial health, continued to increase, FY2011 governmental fund revenues fell below expenditures, and State retirement plans covering County employees saw funding deficits continue to increase, bringing funding levels to their lowest point in years.
Cactus

FY2010 Citizens Financial Condition Report - January 2011


Full Report (PDF)
Our analysis determined that the General Fund unreserved fund balance remained healthy, key County financial indicators compared very favorably to national benchmarks, county net assets, an indicator of long term financial health, continued to increase, and FY2010 total revenues fell below FY2006 levels.
Cliffs

FY2009 Citizens Financial Condition Report - January 2010


Full Report (PDF)
Report highlights include conservative fiscal policies which have guided spending and ensured that expenditures did not exceed revenues, the General Fund unreserved fund balance remained healthy, and funding for the County's primary employee retirement plan decreased slightly.
Mountains

FY2008 Citizens Financial Condition Report - July 2009


Full Report (PDF)
For FY2008, we again highlight the financial strength of the County's General Fund within the context of population growth that led the nation. The nation and local economies are encountering severe financial challenges. The County, because of conservative fiscal policies, has been able to ensure expenditures did not exceed revenues. The General Fund unreserved fund balance continued to grow, and long-term debt levels decreased. Key financial indicators compare very favorably to national and local benchmarks.
City Buildings

FY2006 Citizens Financial Condition Report - April 2008


Full Report (PDF)
This year we include a benchmark comparison of investment portfolios between the County Treasurer and the Arizona State Treasurer. Highlights include comparative analyses of investment yields and the composition of investment pool by asset type.
Cactus Flower