Phoenix
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This document is the Comprehensive Annual Financial Report for the City of Phoenix, Arizona for the fiscal year ended June 30, 2020, prepared by the Finance Department under Chief Financial Officer Denise M. Olson. The report was presented to a City Council led by Mayor Kate Gallego and eight district representatives, with City Manager Ed Zuercher overseeing administration. The report contains government-wide and fund-specific financial statements, including statements of net position, activities, revenues and expenditures, and budgetary comparisons across the General Fund and multiple special revenue funds (Transit 2000, Transit Other Agency, Federal Transit Grants, and Transportation Tax 2050). The document also includes required supplementary information on pension liabilities and contributions for employee retirement systems including COPERS, PSPRS for police and fire, and other employee benefits programs.
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This is the Annual Comprehensive Financial Report of the City of Phoenix Employees' Retirement System for fiscal years ended June 30, 2025 and 2024, representing the system's seventy-ninth annual report. The document contains financial statements, investment performance data, actuarial analysis, and statistical schedules covering the retirement plan's operations as a component unit of the City of Phoenix. Key sections include a statement of fiduciary net position, changes in net pension liability, schedules of employer contributions and investment returns, and analysis of benefit expenses and membership data. The report was prepared jointly by the City of Phoenix Employees' Retirement System and the City of Phoenix Finance Department, located at 200 West Washington Avenue, Phoenix, Arizona.
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