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<br />. ),... <br /> <br />~PRrnIrn <br /> <br /> <br />. the city that works for you <br /> <br />Report Number: <br />Agenda Section: <br />Report Date <br />Council Meeting Date <br /> <br /> <br />Aug. 28, 2006 <br />Sept. 11,2006 <br /> <br />REQUEST FOR COUNCIL CONSIDERATION <br /> <br />ITEM DESCRIPTION: Presentation of Certificate of Achievement for Excellence in Financial <br />Re ortin award for the ear ended December 31, 2004 <br />DEPARTMENT HEAD'S APPROVAL: <br /> <br /> <br />CITY MANAGER'S APPROVAL: <br /> <br />No comments to su lement this re <br /> <br /> <br />Recommendation: Mayor to present award to Dan Maiers, Finance Director, who will <br />accept it on behalf of his department. <br /> <br />Legislative History: NA <br /> <br />Financial Impact: None <br /> <br />. <br /> <br />Explanation: The Certificate of Achievement for Excellence in Financial Reporting has <br />been presented to the City of New Brighton for its Comprehensive Annual Financial Report <br />(CAFR) for the fiscal year ended December 31, 2004. A Certificate of Achievement for <br />Excellence in Financial Reporting is presented by the Government Finance Officers <br />Association ofthe United States and Canada (GFOA) to government units whose <br />comprehensive annual financial reports (CAFRs) achieve the highest standards in <br />government accounting and financial reporting. Attainment of the Certificate of <br />Achievement represents a significant accomplishment by the City and its management. <br /> <br />The CAFR has been judged by an impartial panel to meet the high standards of the program <br />including demonstrating a constructive "spirit of full disclosure" to clearly communicate its <br />financial story and motivate potential users and user groups to read the CAFR. <br /> <br />The GFOA is a nonprofit professional association serving approximately 15,000 government <br />finance professionals with offices in Chicago, Illinois, and Washington, D,C. <br /> <br />The City has been presented this award for 15 consecutive years. The preparation of the <br />CAFR could not have been accomplished without the efforts of all members of the Finance <br />Department. <br /> <br />Costs and Funding: NA <br /> <br />. bt.- YltddLv <br /> <br />Dan Maiers <br />Director of Finance. <br />