For the 35th consecutive 12 months, the Metropolis of Backyard Grove obtained the Certificates of Achievement for Excellence in Monetary Reporting from the Authorities Finance Officers Affiliation (GFOA), for its Complete Annual Monetary Report (CAFR), this time for fiscal 12 months 2018-2019. The Certificates of Achievement is the best type of recognition in governmental accounting and monetary reporting, and its attainment represents a big accomplishment by a authorities and its administration.
“We’re very pleased with one other award-winning CAFR, which is a mirrored image of the high-quality reporting put forth by our Finance Division and Finance Director Patricia Tune to offer an intensive report of the Metropolis’s monetary state that’s correct and clear,” stated Metropolis Supervisor Scott Stiles.
“This award wouldn’t be potential with out the diligent and hardworking workers devoted to our neighborhood,” stated Finance Director Patricia Tune.
The CAFR was judged by an neutral panel to fulfill the excessive requirements of this system, which incorporates demonstrating a constructive “spirit of full disclosure” to obviously talk its monetary story.
The GFOA represents public finance officers all through america and Canada, serving roughly 20,000 federal, state, and native finance officers.
For extra details about the CAFR program, go to gfoa.org/coa. To view the Metropolis’s CAFR for the fiscal 12 months ending in June 2019, go to the Metropolis’s Open Authorities portal at ggcity.org.
The article above was launched by the Metropolis of Backyard Grove.
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