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HomeMy WebLinkAboutItem 05.a January 17, 2017 Item No. Presentation of the Certificate of Achievement for Excellence in Financial Reporting The Certificate of Achievement for Excellence in Financial Reporting was awarded to the City of Lakeville by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2015 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. I would like to recognize three City staff members primarily responsible for preparing the 2015 CAFR: Julie Werner, Assistant Finance Director David Lang, Senior Accountant Thomas Nesseth, Senior Accountant The 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 user groups to read the CAFR. The City has received the Certificate of Achievement for Excellence in Financial Reporting for its CAFRs for the years ending 1988 through 2015. The GFOA is a nonprofit professional association servicing approximately 17,500 government financial professionals with offices and Chicago, IL, and Washington, D.C. Jerilyn Erickson, Finance Director