HomeMy WebLinkAboutAgenda Report - October 19, 2016 B-03TM
CITY OF LODI
COUNCIL COMMUNICATION
AGENDA ITEM
B-3
AGENDA TITLE: Presentation of Government Finance Officers Association Certificate of
Achievement for Excellence in Financial Reporting
MEETING DATE: October 19, 2016
PREPARED BY: Deputy City Manager
RECOMMENDED ACTION
Mayor Chandler will present the 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 Reporting from the Government Finance
Officers Association of the United States and Canada. This is the 23rd
consecutive year that the City has been awarded this Certificate of Achievement.
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 Comprehensive Annual 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:
Ruby R. Paiste, Financial Services Manager
Derrick Cotten, Supervising Accountant
FISCAL IMPACT: Not applicable.
FUNDING AVAILABLE: Not applicable.
Jordan Ayers
Deputy City Manager
APPROVED:`,
- tephen Schwabauer, City Ma ager