Orange County Auditor-Controller David Sundstrom
Releases the Popular Annual Financial Report

(Santa Ana, CA) - - The Auditor-Controller’s office has just released its first ever Popular Annual Financial Report (PAFR). This report presents financial highlights for the County of Orange, California for Fiscal Year (FY) 2002-03 and is a high-level summary of information contained in the County’s Comprehensive Annual Financial Report (CAFR).

The CAFR, which contains detailed financial information, is intended for in-depth users of financial reports such as financial analysts and bond rating agencies. According to Mr. Sundstrom, this PAFR is intended as an overview summary for the more general or casual reader. He also adds that this report will be extremely useful and informative.

The PAFR and CAFR documents are available for viewing on the Auditor-Controller’s website at www.oc.ca.gov/ac. For more information about the PAFR or to obtain a copy, please contact Claire Moynihan at 834-5367 or by email at claire.moynihan@ac.ocgov.com.

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