Statement of Operations
The Statement of Operations (STOP) is a compilation of various financial statements to provide a financial picture of the fair’s operational activities and capital expenditures.
The submission of an annual STOP maintains the fairs' eligibility to receive funds and is a requirement if the fair is utilizing state assets (B&P 19622). The information from the STOP is compiled in the STOP publication, which is a document that includes all STOP financial information by class size. Furthermore, the financial information in the STOP for the District Agricultural Associations (DAAs) is compiled into a set of financial statements and submitted to the State Controller's Office (SCO) for the annual Comprehensive Annual Financial Report (CAFR). The CAFR is a set of governmental financial statements comprising the financial report of the state.