FROM: Amy McInerny, Chief Financial Officer
SUBJECT: Comprehensive Annual Financial Report (CAFR) and Popular Annual Financial Report (PAFR)
RECOMMENDATION:
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2020 Comprehensive Annual Financial Report (CAFR) and Popular Annual Financial Report (PAFR).
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BACKGROUND:
Staff is pleased to present the San Bernardino County Employees’ Retirement Association (SBCERA) Comprehensive Annual Financial Report (CAFR) and Popular Financial Report (PAFR) for the fiscal years ended June 30, 2020 and 2019. These reports are created annually to provide a detailed and summary overview of the SBCEAR Plan (the Plan) and the Fund’s financial, actuarial, and investment-related activities for the year.
BUDGET IMPACT:
None.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Prudent Fiscal Management
STAFF CONTACT:
Amy McInerny
ATTACHMENTS:
Exhibit A: 2020 Comprehensive Annual Financial Report (CAFR)
Exhibit B: 2020 Popular Annual Financial Report (PAFR)