Annual Financial Statements & Independent Auditor’s Report
First 5 Marin is mandated by the voters to guide the allocation of Prop. 10 tobacco tax revenues to three primary strategic results: improved family functioning; improved child development, learning and school readiness; and improved child health.
First 5 Marin is committed to this mandate, and works to deliver results that will not only improve the lives of young children in Marin County, but also promote community partnerships and change the system of services by making it more efficient, effective and sustainable.
As we look to the future, we are mindful of reductions in tobacco sales and tobacco tax revenues – the primary source of funding for First 5 activities. Combined with plans to spend down our assets through our investments in the community, it is clear that funding for our current programs and initiatives will decline over time.
As our financial outlook changes, we remain focused on the priorities in our new Strategic Plan and intent on maximizing our investments in young children and their families in Marin County.
For detailed information about our finances, please review our annual financial statements and independent auditor’s reports below. [You will also find basic information about our revenues and expenditures and our net assets in our Annual Reports.]