(Chicago) – The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Dublin the Certificate of Achievement for Excellence in Financial Reporting.
The Department of Finance earned the distinction for its comprehensive annual financial report (CAFR). This is the 26th consecutive year the City has earned this award.
The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. It represents significant accomplishment by a government and its management.
“This award was established by the GFOA to encourage government to go beyond the minimum requirements of generally accepted accounting principles and prepare financial reports that evidence the spirit of transparency and full disclosure,” said Director of Finance Angel Mumma. “While this program doesn’t assess the financial health of the City, it does ensure that our constituents have the information they need to assess our financial statements. I am very proud of the work that our staff put into the preparation of the 2014 CAFR.”
The CAFR has been judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL and Washington: D.C.
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