July 1, 2012

    REDWOOD CITY, Calif. – Controller Tom Huening today released for public review
    the San Mateo County Comprehensive Annual Financial Report (CAFR) for the fiscal
    year ended June 30, 2011.

    The CAFR contains the County’s complete financial statements and other financial
    information. All of the statements are audited by an independent certified public
    accountant and provide the public with the confidence that all financial reporting is
    accurate, open and transparent.

    The CAFR also contains information about the local economy, the structure of the
    County government, the County’s future financial plans, the County’s financial policies,
    and significant County projects. This high-level information can be found in the Letter
    of Transmittal (Introductory Section), Management’s Discussion and Analysis
    (Financial Section) and the Statistical Section.

    The Government Finance Officers Association of the United States and Canada (GFOA)
    awarded a Certificate of Achievement for Excellence in Financial Reporting to San
    Mateo County for its CAFR for the fiscal year ending June 30, 2010. This was the 11th
    consecutive year that the County has received this prestigious award.
    To view the CAFR, visit the County Controller’s web page located here.

    Media Contact
    Controller Tom Huening

    (650) 363-4777


    Assistant Controller Bob Adler

    (650) 363-4891