The City of Marysville recently received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officer Association of the U.S. and Canada (GFOA).
The award commends the city for its comprehensive annual financial report (CAFR). A CAFR is a government financial statement that looks at long-term financial trends and goes beyond minimums established for public sector employees. The CAFR was judged by an impartial panel to meet the high standards of the program, which includes the city demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story.
“The CAFR award represents our team’s commitment to excellence and transparency,” said Finance Director Sandy Langdon. “We are honored to receive this achievement.”
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, according to GFOA Director Michele Mark Levine.
GFOA advances excellence in government finance by providing best practices, professional development, resources and research for more than 20,500 members and the communities they serve.