Solano County Finance Department

Find Solano County California finance departments, DFS, and DOF. Finance departments provide information on financial services, finance, taxation, and banking.

Fairfield Finance Department 1000 Webster St Fairfield CA 94533 707-428-7496

Rio Vista Finance Department 1 Main Street Rio Vista CA 94571 707-374-6451

Suisun Finance Department 701 Civic Center Boulevard Suisun CA 94585 707-421-7320

Vacaville Finance Department 650 Merchant Street Vacaville CA 95688 707-449-5325

Vallejo Finance Department 555 Santa Clara Street Vallejo CA 94590 707-648-4592

Finance Departments Near Me

About Finance Departments

What happens to unspent funds or unanticipated revenues?

As a general rule, these funds are added to the entity's Fund Balance at the end of the fiscal year. The Fund Balance is the organization's reserve and may be referred to colloquially as a "rainy day" fund. In some cases, the entity's legislative body may direct the funds toward an unmet need, such as a capital improvement project.

What are general obligation bonds?

General obligation bonds are bonds issued by a state, county, or local government that are backed by that entity's full faith and credit. This means that the government has guaranteed that it will generate tax revenues in order to pay back the bonds. General obligation bonds are commonly used for schools, roads, and other public improvements, and they are usually exempt from state and local taxes.

What is a Comprehensive Annual Financial Report?

A Comprehensive Annual Financial Report (CAFR) is a document prepared by a governmental entity that includes its audited financial statements and additional financial and operational information about the organization. The CAFR meets standards set by the Governmental Accounting Standards Board.