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City Honored for Excellence in Financial Reporting

Press Release

Press Release - City of Elk Grove Honored for Excellence in Financial Reporting

Posted: 06/01/2015

The City of Elk Grove has been awarded a Certificate of Achievement for Excellence in Financial Reporting, the highest form of recognition in the area of governmental accounting and reporting for the 13th consecutive year.

The City’s Finance Department was recently recognized by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR) for the 2013-14 fiscal year.  The report was judged by an impartial panel to meet the nationally-recognized guidelines of the program, including demonstrating a constructive "spirit of disclosure" to clearly communicate its financial story, and motivating others to read the report.

“Elk Grove’s Finance Department is second to none,” said Mayor Gary Davis.  “Receiving the Certificate of Achievement for Excellence in Financial Reporting again this year, and for the past twelve years, is an example of Elk Grove’s proven track record of competent and transparent stewardship of public funds.”

The GFOA is a nonprofit association representing more than 17,500 government finance professionals in North America and Canada.  For more information about the GFOA, visit www.gfoa.org.

To view the City of Elk Grove’s award-winning comprehensive annual financial report, visit http://www.elkgrovecity.org/city_hall/departments_divisions/finance

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