City Financial Reports
The City budget is prepared by the Budget Team and approved by the City Council. The purpose of the City budget is two-fold: (1) the budget identifies the programs and activities that each City department will undertake during the budget year; and (2) the budget allocates appropriate resources to each department to assist them in accomplishing their annual work plan, and doing so in a fiscally responsible and accountable manner.
The City of San Pablo utilizes a “quadrennial” (four-year) budget cycle. The budget document is prepared in odd-numbered years and covers a four-year period with a major update happening at mid-cycle (after two years). Each year is considered a separate budget, beginning on July 1 and ending on June 30. Because of the economic disruption caused by the novel Coronavirus pandemic, the City has undertaken a one-year budget cycle until the economy stabilizes.
The City budget is available online after the start of the new fiscal year on July 1.
Capital Improvement Project (CIP) Budget
Annual Comprehensive Financial Report (ACFR)
The Annual Comprehensive Financial Report (ACFR) is a thorough and detailed presentation of the City’s financial condition as opined by a public accounting firm. The ACFR is completed annually and includes reports on the City’s financial activities and fund balances as of the end of each fiscal year.
CURRENT ACFR | Previous City ACFR's
This is a listing of the City’s internal financial policies and procedures.
Current Year Investment Policy
The Federal Government enacted the Single Audit Act Amendments of 1996 (Single Audit Act) to streamline and improve the effectiveness of audits of federal awards expended by states, local governments, and not-for-profit entities. The City conducts a single audit each year that one is statutorily required. The most recent single audit is included.