The Comprehensive Annual Financial Report (CAFR) describes our financial activities, condition and services as a whole, encompassing all Water, Wastewater, and Hetchy Hetchy Water & Power & CleanPowerSF results. In addition to the General Manager's transmittal letter and Management's Discussion and Analysis, the CAFR includes financial and statistical information, all of which is of interest to the public and bond investors. Of particular interest to many are the longer term trends. Our CAFR includes 10 years of financial and operating indicators, with social and economic data.
For the eighth consecutive year, the Government Finance Officers Association has awarded us the Achievement for Excellence in Financial Reporting for the Fiscal Year 2015-16 Comprehensive Annual Financial Report.
Awards from Government Finance Officers Association of the United States
are prestigious and recognize conformance with the highest standards for preparation of state and local government financial reports. Such CAFRs must satisfy both generally accepted accounting principles and applicable legal requirements.