Pima County June 30, 2004 Report Highlights Financial Audit

Pima CountyREPORT Government-WideHIGHLIGHTSFINANCIAL STATEMENT AUDIT Revenues and ExpensesIncreaseSubjectPima County issues aComprehensive Annual The County’s government-wide financial Expenses—County expenses increasedFinancial Report. Thestatements provide readers with a broad by approximately $73 million, or 9% fromCounty is responsible foroverview of the County’s finances in a the prior year. The primary reasons thatpreparing financialstatements, maintaining manner similar to private-sector expenses increased are as follows.strong internal controls, businesses. These statements include alland demonstrating • Enrollment in the Pima Health Careof the financial activities of the County,accountability for its use System health plans increasedexcept for fiduciary activities.of public monies. As the causing a $42 million increase inauditors, we determinemedical and health care claims.whether the County has The table to the right presents a• Public safety expenses increased bymet its responsibilities. summary of the government-wideapproximately $19 million mainlyStatement of Activities for the years because of increased costs related toOur Conclusion ended 2003 and 2004. This summary salaries and grant activities.shows that the County’s revenues andThe information in thefinancial statements is expenses increased from the prior year.fairly stated in allmaterial respects and Revenues—County revenues increased Statement of Activities the financial ...