Dec. 20, 2011 - City wins financial reporting award for 22nd consecutive year
Sarah Huntley, Media Relations, 303-441-3155
City wins financial reporting award for 22nd consecutive year
The City of Boulder has earned a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). 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 accomplishment by a government and those who manage its finances.
The CAFR was judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate the city’s financial story and motivate potential user groups to read the CAFR.
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington, D.C. More than 150,000 states, cities, towns, school districts, counties, colleges, universities and special districts in the U.S. and Canada are eligible to submit for the award. Approximately 4,100 entities receive the certificate each year.
City of Boulder finance staff members are committed to implementing best practices in the financial reporting field. The city has earned this award for each of the past 22 years.
Last Updated on Wednesday, 30 May 2012 13:18