City Finance Department Earns Award for Excellence in - TopicsExpress



          

City Finance Department Earns Award for Excellence in Reporting Government Finance Officers Association Recognizes City CAFR GALVESTON, TX (October 3, 2014) – The City of Galveston earned the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada 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 its management. “The Certificate of Conformance is recognition of teamwork and professionalism by the staff of the Finance department,” stated Director of Finance Mike Loftin. “I congratulate everyone who contributed to last year’s financial report and this wonderful achievement.” The CAFR is 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 user groups to read the CAFR. The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.
Posted on: Fri, 03 Oct 2014 17:00:38 +0000

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