CASA GRANDE, AZ – The City of Casa Grande is the proud recipient of two financial reporting awards from the Government Finance Officers Association of the United States and Canada (GFOA).
This marks the 26th year that the city’s Finance Department has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR). The CAFR outlines the City’s financial position and operating activities each year. The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting.
In order to be awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized comprehensive annual financial report, whose contents conform to program standards. Such CAFR must satisfy both generally accepted accounting principles and applicable legal requirements.
The City Manager’s Office has also received an Award for Outstanding Achievement in Popular Annual Financial Reporting for its Popular Annual Financial Report (PAFR) for the fiscal year ending June 30, 2016. This is the sixth year that the city has received this prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports.
In order to receive the PAFR award, a government agency must publish a Popular Annual Financial Report, whose contents conform to program standards of creativity, presentation, understandability, and reader appeal.
Mayor Craig McFarland will recognize these achievements at the City Council Meeting on Monday, October 2 where he will present both awards to city staff.
The City of Casa Grande prepares these financial reports annually to demonstrate where its money comes from and how it is spent. To view the Popular Annual Financial Report, Annual Budget, and Comprehensive Annual Financial Report, click here.