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February 3, 2020 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 2018 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 four City staff members primarily responsible for preparing the 2018
CAFR:
Julie Werner, Assistant Finance Director
David Lang, Senior Financial Analyst
Laura Miller, Senior Financial Analyst
Thomas Nesseth, Senior Financial Analyst
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 2018.
The GFOA is a major professional association servicing approximately 19,000 government
financial professionals with offices and Chicago, Illinois, and Washington, D.C.
Jerilyn Erickson, Finance Director