The news release below was provided by the Government Finance Officers Association. The award will be presented by City staff to the Rosemount City Council on December 5. The report is available at www.ci.rosemount.mn.us/cafr. This is the 21st consecutive year that the City has been recognized.
(Chicago, Illinois)--The Certificate of Achievement for Excellence in Financial Reporting has been awarded to City of Rosemount by Government Finance Officers Association of the United States and Canada (GFOA) 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 government and its management.
The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
Government Finance Officers Association is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois with offices in Washington, D.C.