Audited Financial Statements & Annual Comprehensive Financial Reports

The Annual Comprehensive Financial Report (ACFR) describes our financial activities, condition and services as a whole, encompassing all Water, Wastewater, and Hetch Hetchy Water & Power & CleanPowerSF results. In addition to the General Manager's transmittal letter and Management's Discussion and Analysis, the ACFR includes financial and statistical information, all of which is of interest to the public and bond investors. Of particular interest to many are the longer term trends. Our ACFR includes 10 years of financial and operating indicators, with social and economic data.

• Annual Comprehensive Financial Report Fiscal Year 2024-25
• Annual Comprehensive Financial Report Fiscal Year 2023-24
• Annual Comprehensive Financial Report Fiscal Year 2022-23
• Annual Comprehensive Financial Report Fiscal Year 2021-22
• Annual Comprehensive Financial Report Fiscal Year 2020-21
• Annual Comprehensive Financial Report Fiscal Year 2019-20
• Annual Comprehensive Financial Report Fiscal Year 2018-19

Since fiscal year 2009, the Government Finance Officers Association has awarded us the Achievement for Excellence in Financial Reporting.

The Financial Services Unit of the San Francisco Public Utilities Commission presents the Hetch Hetchy Water and Power and CleanPowerSF, San Francisco Wastewater Enterprise, and San Francisco Water Enterprise audited financial statements for the following fiscal years ending June 30. These statements provide essential information about our three entities' operations and financial positions.

• FY2024-25 Hetch Hetchy Water and Power and CleanPowerSF
• FY2024-25 Water Enterprise
• FY2024-25 Wastewater Enterprise

• FY2023-24 Hetch Hetchy Water and Power and CleanPowerSF
• FY2023-24 Water Enterprise
• FY2023-24 Wastewater Enterprise

• FY2022-23 Hetch Hetchy Water and Power and CleanPowerSF
• FY2022-23 Water Enterprise
• FY2022-23 Wastewater Enterprise

• FY2021-22 Hetch Hetchy Water and Power and CleanPowerSF
• FY2021-22 Water Enterprise
• FY2021-22 Wastewater Enterprise

• FY2020-21 Hetch Hetchy Water and Power and CleanPowerSF
• FY2020-21 Wastewater Enterprise
• FY2020-21 Water Enterprise

• FY2019-20 Hetch Hetchy Water and Power and CleanPowerSF
• FY2019-20 Hetch Hetchy-Internal Control Over Financial Reporting Report
• FY2019-20 Wastewater Enterprise
• FY2019-20 Wastewater-Internal Control Over Financial Reporting Report
• FY2019-20 Water Enterprise
• FY2019-20 Water-Internal Control Over Financial Reporting Report

Questions regarding any of the information provided in these reports or requests for additional financial information should be addressed to San Francisco Public Utilities Commission, Chief Financial Officer, 525 Golden Gate Ave., 13th Floor, San Francisco, CA 94102.

The Wholesale Revenue Requirement is prepared annually and audited in accordance with the terms of the Water Supply Agreement between SFPUC and the Wholesale Water Customers. It details the Wholesale share of expenditures, Wholesale revenues, and resulting changes to the Balancing Account between the parties.

• Fiscal Year 2023-2024 Audited Wholesale Revenue Requirement
• Fiscal Year 2022-2023 Audited Wholesale Revenue Requirement
• Fiscal Year 2021-2022 Audited Wholesale Revenue Requirement
• Fiscal Year 2020-2021 Audited Wholesale Revenue Requirement
• Fiscal Year 2019-2020 Audited Wholesale Revenue Requirement
• Fiscal Year 2018-2019 Audited Wholesale Revenue Requirement

• Fiscal Year 2019-2020: SFPUC Adequately Documented Adherence to Most Close-Out Procedures in Its Crystal Springs/San Andreas Transmission System Upgrade Contract

• Fiscal Year 2018-2019: SFPUC - Oliver De Silva, Inc., Complied With Its Sunol Valley Aggregate Quarry Lease for January 2015 Through June 2018 and a Few Improvements Can Strengthen the Lease Administration

• Fiscal Year 2018-2019: Public Works and SFPUC: 2014 Earthquake Safety and Emergency Response General Obligation Bond Funds Were Spent in Accordance With the Ballot Measure Through June 30, 2017

QAPR Reports Fiscal Year 2024-2025

• QAPR FY 2024-2025: Quarter 1
• QAPR FY 2024-2025: Quarter 2

• SFPUC Audit Bureau - Inventory Management Performance Assessment
• Post Fiscal Year End 2020-2021 Inventory Count – Water, Power and Sewer Enterprises
• Public Integrity Audit for Social Impact Partnerships Program
• Results of CY2020 Post Audit & Continuous Monitoring Program
• Sales and Use Tax Audit 2018-2020
• Results of CY2019 Post Audit & Continuous Monitoring Program
• Reliability Standards Compliance Audit 2017-2020
• Sales and Use Tax Audit 2014-2017

QAPR Reports Fiscal Year 2023-2024

• QAPR FY 2023-2024: Quarter 1
• QAPR FY 2023-2024: Quarter 2
• QAPR FY 2023-2024: Quarter 3
• QAPR FY 2023-2024: Quarter 4

QAPR Reports Fiscal Year 2022-2023

• QAPR FY 2022-2023: Quarter 1
• QAPR FY 2022-2023: Quarter 2
• QAPR FY 2022-2023: Quarter 3
• QAPR FY 2022-2023: Quarter 4

QAPR Reports Fiscal Year 2021-2022 

• QAPR FY 2021-2022: Quarter 1
• QAPR FY 2021-2022: Quarter 2
• QAPR FY 2021-2022: Quarter 3
• QAPR FY 2021-2022: Quarter 4

QAPR Reports Fiscal Year 2020-2021

• QAPR FY 2020-2021: Quarter 1
• QAPR FY 2020-2021: Quarter 2
• QAPR FY 2020-2021: Quarter 3
• QAPR FY 2020-2021: Quarter 4