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File #: ID 2018-0507    Version: 1 Name:
Type: Informational Report Status: Filed
File created: 11/20/2018 In control: City Council
On agenda: 11/27/2018 Final action: 11/27/2018
Title: Presentation of the Certificate of Achievement for Excellence in Financial Reporting

Title

Presentation of the Certificate of Achievement for Excellence in Financial Reporting

 

Body

Summary:

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to City of Brookings by the Government Finance Officers Association of United States and Canada for its comprehensive annual financial report (CAFR).

 

Background:

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishent by a government and its management.

 

An Award of Financial Reporting Achievement has been awarded to the individual department designated as the primarily department responsible for preparing the award-winning CAFR.  This award has been presented to the Finance Department, City  of Brookings.

 

The City of Brookings CAFR has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and groups to read the CAFR. 

 

The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals.