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HomeMy WebLinkAboutCertificate for Achievement in Financial Reporting for 2010 CAFR Contact: Jennifer Bennerotte, Communications & Marketing Director Phone 952-833-9520 • Fax 952-826-0389 • Web www.CityofEdina.com FOR IMMEDIATE RELEASE City receives recognition for financial reporting Edina, Minn., Nov. 22, 2011 – The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Edina by the 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. The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals. Edina’s CAFR for the fiscal year ended Dec. 31, 2010, was thoroughly reviewed by an impartial panel of financial statement preparers, independent auditors, academics and other finance professionals and deemed to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate the City’s financial story and motivate people to read it. This is the fifth consecutive year the City’s Finance Department, led by Finance Director John Wallin and Assistant Finance Director Eric Roggeman, has received the recognition. Annually, approximately 100 Minnesota municipalities receive the Certificate of Achievement. For more information or to view the City’s annual CAFR, budget and capital improvement plan, visit www.CityofEdina.com/Finance. -30-