Financial Reports

FY 2020/21 Budget Reports, Associated Council Staff Reports and Presentations
Fiscal Year 2020/21 Council Staff Report Council Presentation
Adopted Budget (PDF) June 16, 2020 (PDF) Video
Quarter 1 Review October 20, 2020 (PDF) Video
Quarter 2 Review January 19, 2021 (PDF) Video
Quarter 3 Review April 20, 2021 (PDF) Video #1  Video #2
Quarter 4 Review - -
Audited Financial Statements - -
FY 2019/20 Budget Reports, Associated Council Staff Reports and Presentations
Fiscal Year 2019/20 Council Staff Report Council Presentation
Mid-Cycle Budget Update June 18, 2019 (PDF) Audio (starts at 2:25:43)
Quarter 1 Review November 19, 2019 (PDF) Audio (starts at 1:11:02)
Quarter 2 Review February 20, 2020 (PDF) -
Quarter 3 Review April 21, 2020 (PDF) Video
Quarter 4 Review August 18, 2020 (PDF) Video
Audited Financial Statements (PDF) February 2, 2021 (PDF) -
FY 2018/19 Budget Reports, Associated Council Staff Reports and Presentations
Fiscal Year 2018/19 Council Staff Report Council Presentation
2-Year Adopted Budget (PDF) June 19, 2018 (PDF) Audio (starts at 4:48:43)
Quarter 1 Review November 6, 2018 (PDF) Audio (starts at 0:59.07)
Quarter 2 Review March 19, 2019 (PDF) Audio (starts at 2:05:26)
Quarter 3 Review June 4, 2019 (PDF) -
Quarter 4 Review September 5, 2019 (PDF) -
Audited Financial Statements (PDF) December 17, 2019 (PDF) Audio (starts at 1:31:48)

Adoption of the Budget

The Adopted Budget for FY 2020-21 (PDF) was adopted by City Council at the June 16, 2020 City Council Meeting (Item #15).

The City’s Budget provides funding for all City services, infrastructure investments, and activities to be performed beginning on July 1, 2020 through June 30, 2021.

Click here to view archived Two-year Operating Budgets.

Comprehensive Annual Financial Report (CAFR)

The CAFR presents the results of financial operations for each fiscal year, ending June 30. It includes statistical information of a general interest about the Paso Robles community. View the most recent CAFR (PDF).

The CAFR is audited by an independent certified public accountant that renders a written opinion as to the accuracy and completeness of the report.

Awards for Excellence

Beginning with fiscal year ending June 30, 1999, the City of Paso Robles has annually received a Certificate of Award for their CAFR from the California Society of Municipal Finance Officers.

Development Impact Fee Study

Monthly Treasurer’s Reports

The Monthly Treasurer’s Report presents the City’s investment portfolio as of the current month. It includes all investments managed by the City but not those held by trustees. Funds held by trustees include bond reserve funds and deferred compensation plans. Included in this report is information on the institution, broker, investment type, safe keeping arrangements, purchase and maturity date, value and yield for all securities.

View the most recent Monthly Treasurer’s Report (PDF).

View Treasurer Report Archives.

Cost Allocation Plan

The Office Management and Budget (OMB) A-87 Cost Allocation Plan was prepared using a consistent approach and treatment of direct or indirect costs; in no case have costs charged as direct costs to programs been included as indirect costs. Actual expenditure information was obtained from the financial statements for the year ended June 30, 2015. 

Statistics used to allocate costs were taken from Fiscal Year 2015 data by performing one hundred percent counts, or in some cases, conducting a representative sample period count.

View the Fiscal Year 2015 Cost Allocation Plan (PDF).

GASB No. 75 Actuarial Valuation

This report summarizes the GASB actuarial valuation for the City of El Paso de Robles's Other Post Employment Benefit (OPEB) for the fiscal year ending June 30, 2020 (measured at June 30, 2020). This report was prepared by Nyhart Actuary & Employee Benefits to meet employer financial accounting requirements under Governmental Accounting Standards Board (GASB) Statement No. 75 (Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions).

View the Fiscal Year 2019-20 GASB No. 75 Actuarial Valuation Report