SEPTEMBER 2022 MONTHLY REPORT.PDF

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John M. Allen, Treasurer
Maricopa County — joes, Ates, Treasurer
Phoenix, Arizona 85003
Phone: (602) 506-8511
Treasurer rei

http://treasurer.maricopa.gov

DATE: October 5, 2022

TO: Bill Gates, Chairman
Clint Hickman, Vice Chairman, District 4
Thomas Galvin, Supervisor, District 2
Jack Sellers Supervisor, District 1
Steve Gallardo, Supervisor, District 5

SUBJECT: Treasurer's monthly report for September 2022
In compliance with A.R.S. § 11-501, the Maricopa County Treasurer’s Office is submitting to

the Maricopa County Board of Supervisors the monthly financial report for all monies received
and disbursed, as well as the ending balance.

Submitted under oath,

Sepp ybomurg

Ingrid J. Garvey,
Chief Deputy Treasurer

STATE OF ARIZONA ) ss.
COUNTY OF MARICOPA _ )

This instrument was acknowledged before me this Sth day of October 2022, by Ingrid J. Garvey,
Chief Deputy Treasurer of Maricopa County, State of Arizona, known to me to be the person
whose name is subscribed to the foregoing instrument and who acknowledged to me that they
executed the same a State of Arizona for the purpose and consideration

__ ———-
—
Notary Public —

JASMIN CHAIDEZ
yl ommission I pires Explton Noel ae ae?

Maricopa County Treasurer's Office
Financial Report

Month Ended September, 2022

Inflows - Real and Personal Property Taxes
County and County Controlled Districts
Schoo! Districts
Community College District
Municipalities
Special Taxing Districts
Special Health Care District
Other

Total inflows from Real and Personal Property Taxes

Inflows - Other Revenues
County and County Controlled Districts

School Districts
Community College District
Municipalities

Special Taxing Districts
Special Health Care District
Other

Total inflows from Other Revenues

Total inflows

Outflows
County and County Controlled Districts
School Districts
Community College District
Municipalities
Special Taxing Districts
Special Health Care District
Other

Total outflows

Net inflows - (outflows)

Cash and Investments Reconciliation
Beginning Balances cash and investments
Net inflows - outflows
Change in amounts held for distribution
Rounding difference

Ending Balances Cash and Investments

78,818,300
431,660,850
64,551,359
66,613,631
28,105,651
13,549,781
2,960,555
686,260,127

166,152,513
304,639,704
0

2,153
822,682
1,296,715
2,868,541
$475,782,308

$1,162,042,435

202,439,958
748,138,690
2,820,615
2,952,881
8,288,620
34,126,438

6,871,919

$1,005,639,121

$156,403,314

6,998,779,209
156,403,314
36,301,474

1

$7,191,483,998

Maricopa County Treasurer's Office
Notes to the Financial Report

In compliance with ARS §11-501, the Maricopa County Treasurer’s Office is submitting to the Maricopa
County Board of Supervisors the monthly Financial Report for all monies received and disbursed.

The Treasurer's Office serves the taxpayers and citizens of Maricopa County. The Treasurer's Office is
responsible for the billing and collection of both real and personal property taxes levied by the county and special
taxing districts (schools, municipalities, etc.). This includes receiving, processing, investing, and safeguarding of
public funds. Additionally, the Treasurer's Office has a fiduciary responsibility to serve as the bank

for school districts and special taxing districts within Maricopa County.

Accounting Policies:
The Treasurer's Office Financial Report is prepared on a cash basis of reporting. Under the cash basis,
receipts are recorded when received and disbursements are recorded when paid.

The County Treasurer records the resources it holds on behalf of others (school districts, fire districts, special
lighting improvement districts, etc.) in custodial funds as required by governmental accounting standards.

For the purpose of presenting information in the Financial Report, the financial transactions for the month have
been aggregated and condensed into a consolidated format as further described in the Inflow Consolidation and
Outflow Consolidation sections below.

The Financial Report is for information purposes only and has not been audited.

Reporting Entities:

Maricopa County and County Controlled Districts include Maricopa County and the County’s Flood Control District,
Library District, and Stadium District.

School Districts include elementary school districts, high school districts, unified school districts, and vocational
school districts.

Community College District is the Maricopa County Community College District.
Municipalities include cities and towns that have authorized a property tax levy.

Special Taxing Districts include street lighting improvement districts, irrigation water districts, and various other
taxing districts.

Special Health Care District is the Maricopa County Special Health Care District.

Other includes miscellaneous transactions that are not grouped by the reporting entities above.

Inflow Consolidation:

Real and personal property taxes include the receipt.of current and prior years taxes related to real and personal

property, educational state aid and state equalization, bond redemptions, in lieu payments, etc., as applicable.

Other revenues include fines, fees, penalties, revenue from federal and state resources, bond
issuance proceeds, etc., as applicable.

Outflow Consolidation:
Expenditures include warrants, electronic fund transfers, wire transfers, and other payments, used for payroll,
vendor payments, debt service requirements, etc., as applicable.