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HomeMy WebLinkAboutAgenda Report - August 18, 2010 C-01AGENDA ITEM C 0" CITY OF LODI COUNCIL COMMUNICATION im AGENDA TITLE: Presentation of Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting MEETING DATE: August 18,2010 PREPARED BY: Deputy City Manager RECOMMENDED ACTION: Mayor Katzakian present Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting. BACKGROUND INFORMATION: The City of Lodi has been awarded the Certificate of Achievement for Excellence in Financial Reportingfrom the Government Finance Officers Association of the United States and Canada. The award represents a significant achievement by the government and its management. It reflects the commitment of the governing body and staff to meeting the highest principles of financial reporting. The award program was instituted to encourage all government units to prepare and publish an easily readable and understandable ComprehensiveAnnual Financial Report covering all funds and financial transactions of the government during the fiscal year. In order to receive the award, the entity had to satisfy nationally recognized guidelines for effective presentation of financial information. When a Certificate of Achievement for Excellence in Financial Reporting Award is granted to an entity, a Certificate of Recognition is also presented to the individuals designated as being primarily responsible for its having achieved the award. This Certificate of Recognition is being presented to: FISCAL IMPACT: None. FUNDING AVAILABLE: JA/ja Ruby R. Paiste, Financial Services Manager CoryWadlow, Supervising Accountant Lourdes "Odette" Bondoc, Accountant II Not Applicable. QA�� - Jordan Ayers Deputy City Manager APPROVED: onradt Bartlam, Interim City Manager