The Two Forms

There are two forms that are completed, one for the CAFR Review Report Form and the other for the Economic Impact Analysis.

[NOTE: In The CAFR eBook both forms are provided and explained in browser format, spread sheet format and word processing format.]


If the CAFR Review Form is completed here is what your report will look like. We have rearranged the data so that the report covers these four major categories:

Governmental Funds
Proprietary Funds
Fiduciary Funds
Component Units

CAFR Page List of Investments By Fund (In thousands) Surpluses Notes
  Governmental Funds:    
43    General 670,480  
43    Transportation & Aviation Planning Highway & Safety    Fund 464,314  
43    Land Endowments Fund 1,179,700  
     Special Revenue Funds:    
150       The School Facilities Revenue Bond Proceeds 48,861  
150       Public Safety & Correctional Program 83,270  
150       Environmental Protection 77,836  
150       Healthcare and Social Services 45,420  
     Debt Service Funds:    
156       The Department of Transportation 2,148  
156       The Maricopa Regional Area Road 15,445  
156       The Certificates of Participation 18,407  
156       The School Facilities Debt Instrument 18,308  
     Capital Projects Funds:    
162       Department of Transportation Financed 173,143  
162       Maricopa RARF Financed    
162       Certificate of Participation Financed 33,827  
  Proprietary Funds:    
48    Universities 680,722  
48    Unemployment Compensation 860,901  
48    Industrial Commission 230,460  
48    Other 122,132  
     Nonmajor Enterprise Funds:    
166       Industries for the Blind 742  
166       Correctional Industries 4,524  
166       Coliseum Exposition Center 5,955  
166       Highway Expansion & Extension Loan Program 96,034  
     Internal Services:    
174       Risk Management Fund 19,899  
174       Transportation Equipment Fund 2,905  
174       Employee Benefits Fund (HITF) 31,278  
174       Technologies and Telecommunications Fund 6,972  
  Fiduciary Funds:    
     Pension Trusts (1/2 the actuarial determined suruplus)    
     Investment Trusts:    
186       Local Government Investment Pool    
186       Local Government Investment Pool - Government    
     Agency Funds:    
191       Other Treasurer Funds 18,629  
191       Other Funds 213,872  
  Component Units:    
61    University Medial Center 59,715  
61    Power Authority 69,291  
61    Water Infrastructure Finance Authority 145,411  
  Total Surpluses… 5,400,611  

Per Capita and Family of 4

The population within the jurisdiction of the government divided into the $5.40 billion provides the per capita surpluses.

For the State and many school districts, cities, and counties are contained in the Statistical Section of the CAFR.

The problem lies with the counties. You want to use the unincorporated population, not the total population. You may have to contact the county or other organization in order to find out the unincorporated population.

For example. If the above State has a population of 2,500,000 then the per capita surpluses are $2,160 (5,400,611 divided by 2,500,000 times 1,000). Remember the above surplus number is in thousands.

Many school districts, cities and counties provide their data in actual dollars and not in thousands of dollars. You will have to see from the CAFR what the numbering system they are using.

For a family of four the surpluses are $2,160 times 4 or $8,640.


The economic impact analysis discussion was presented earlier. In fact an example of the report was also shown and explained. This part only deals with the report itself.

Here is an example of the report with columns and rows shown for better understanding of the formulas used in the computations. The formulas use "/" for divide and "*" for multiply. The formulas are also designated by column (A thru E) and row (1 thru 10).

Economic Impact Analysis

  A B C D E
  Economic Principle Explanation Amount (In Thousands) Per Capita Family of 4