City of San Luis issued the following announcement on Nov. 15.
The City of San Luis has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) of the United States and Canada, for its 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 city government and its management.
During the Special City Council Meeting held November 9, 2021, the Award of Financial Reporting Achievement was presented to the City of San Luis Finance Department, as they are the responsible department that prepared the award-winning CAFR. The City of San Luis has achieved this recognition since 2013, making this is the eighth (8th) consecutive year it is received.
“This award is highest form of recognition and this achievement continues to be accomplished by our Finance Department,” stated Mayor Gerardo Sanchez. “Thank you, Finance Department staff, for making sure the city’s finances remain open and transparent” he added.
The CAFR is judged by an impartial panel to make sure that the city meets the highest standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to communicate the City of San Luis’ financial story and motivate residents to read the CAFR which is posted at https://www.sanluisaz.gov/139/Comprehensive-Annual-Financial-Reports.
The GFOA is a nonprofit professional association serving more than 20,000 government finance professionals with offices in Chicago, IL, and Washington, D.C.
Original source can be found here.
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