2015 Comprehensive Annual Financial Report (CAFR)
Presented to the Board July 13, 2016


December 31, 2015 CAFR

The Comprehensive Annual Financial Report (CAFR) is published on an annual basis and provides a picture of CCCERA’s financial performance for the previous fiscal year. The CAFR reports CCCERA specific information, including assets, liabilities, revenues, and expenditures. 

There are five sections to the CAFR:

  1. Introductory Section: Includes CEO’s letter of transmittal, a list of the CCCERA retirement board members and professional consultants, and an organizational chart.
  2. Financial Section: Includes external auditor’s report and basic financial statements. 
  3. Investment Section: Includes asset allocation, management fees, and investment managers.  
  4. Actuarial Section: Includes funding progress, actuarial assumptions and methods.
  5. Statistical Section: Includes statistical data on members and benefit expenses.

The next CAFR will be available in July 2017.