Pinole's Comprehensive Annual Financial Report

Comprehensive Annual Financial Report

An annual audit of the City’s finances is conducted in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.  The City prepares a Comprehensive Annual Financial Report (CAFR) which includes all aspects of the City and its component units if applicable.  Component units are legally separate entities for which the primary government is financially accountable.  Blended component units, although legally separate entities are, in substance, part of the City’s operations and data from these units are combined with data from the City.  Discreetly presented component units are reported in a separate column in the basic financial statements to emphasize their separateness from the City.  The Successor Agency to the Pinole Redevelopment Agency is not a component unit the of the City as was the case with the former Redevelopment Agency, but is accounted for in a Private Purpose Trust Fund in the Fiduciary Funds segment of the financial reports.

Listed below are the City of Pinole's annual financial reports.