Department of Finance
and Risk Management

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150 W. Congress St., 3rd floor
Tucson, AZ  85701

Paul Guerrero, Division Manager

Function:

The Division of Financial Control and Reporting performs financial reporting and various accounting/finance functions for Pima County and its departments.  The reporting function of Financial Control and Reporting includes the monitoring of accounting transactions and financial/accounting reports for compliance with generally accepted accounting principles and fund, as well as compliance with applicable laws, rules and regulations.

Description of Services:

Financial Control and Reporting ensures interim and year end financial statements are compiled and issued for Pima County, several departments and other organization units.  The subsequent audit of financial statements by the Office of the Auditor General and other outside CPA firms are also facilitated within this division.Departments, funds and organizational units currently audited separately from the County’s Comprehensive Annual Financial Report include:

     • Department of Wastewater Management    
     • Stadium District
     • Department of Development Services
     • Department of Risk Management, Self Insurance Trust Fund
     • Pima Health System and Service
     • Superintendent of Schools, School Reserve Fund
     • Southwest Fair Commission

Financial Control and Reporting is also responsible for the compilation, filing and subsequent audits of the several Federal, State and County reports.  Some of the reports include:

     • Schedule of Expenditures of Federal Awards
     • Expenditure Limitation Report
     • Indirect Cost Allocation Report
     • Local Government Financial Test
     • CFO/Landfill Assurance Financials

In addition, the division maintains various elements of the County’s financial system, to include the reconciliation of cash, and investments with the records of the County Treasurer, property, sales and other tax revenues, County and departmental capital assets and the monitoring of grant financial activity and grant compliance with applicable policies, procedures, laws and regulations.

Program Goals and Objectives:

     • Meet December 31st deadline for submitting the County’s audited Comprehensive         Annual Financial Report for the Government Finance Officers Association (GFOA)         Certificate of Achievement for Excellence in Financial Reporting.
     • Meet the March 31st deadline for filing the Schedule of Expenditures and Federal         Awards (SEFA) as determined by OMB Circular A-133 Subpart C.320.
     • Establish and begin implementation of a centralized database for capturing and         monitoring County grants.
     • Minimize non-compliance with federal laws.

Comprehensive Annual Financial Reports

     • CAFR 2005-2006
     • CAFR 2004-2005
     • CAFR 2003-2004

Single Audit Reports

     • 2007 Single Audit Report (PDF)
     • 2006 Single Audit Report (PDF)
     • 2005 Single Audit Report (PDF)

Department Financial Statements - Audited

     • Wastewater Management 2007 (PDF)
     • Wastewater Management 2006 (PDF)
     • Wastewater Management 2005 (PDF)

     • Self Insurance Trust Fund 2007 (PDF)
     • Self Insurance Trust Fund 2006 (PDF)
     • Self Insurance Trust Fund 2005 (PDF)

     • Developmental Services 2007 (PDF)
     • Developmental Services 2006 (PDF)
     • Developmental Services 2005 (PDF)

     • Pima Health Systems and Services 2007 (PDF)
     • Pima Health Systems and Services 2006 (PDF)
     • Pima Health Systems and Services 2005 (PDF)

     • Stadium District 2007 (PDF)
     • Stadium District 2006 (PDF)
     • Stadium District 2005 (PDF)