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Financial Condition Report


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 US counties' trend averages.

  
FY2013 Citizens Financial Condition Report – March 2014
Full Report | Infographic

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.

FY2012 Citizens Financial Condition Report – February 2013
Full Report

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.

FY2011 Citizens Financial Condition Report – February 2012
Full Report

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.

FY2010 Citizens Financial Condition Report – January 2011
Full Report

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.

FY2009 Citizens Financial Condition Report – January 2010
Full Report

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.

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