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HomeMy WebLinkAboutItem 3.6 CAFR Certificate of Achievementor 19 82 /ii � 111 DATE: TO: FROM: STAFF REPORT CITY COUNCIL June 17, 2014 Honorable Mayor and City Councilmembers Christopher L. Foss, City Manager " SUBJECT: Certificate of Achievement for Excellence in Financial Reporting FY 2012 -13 Comprehensive Annual Financial Report (CAFRs) Prepared by Colleen Tribby, Administrative Services Director CITY CLERK File #310 -30 EXECUTIVE SUMMARY: The City Council will receive the City's award of the Certificate of Achievement for Excellence in Financial Reports for this CAFR for Fiscal Year 2012 -13. FINANCIAL IMPACT: I101 •[Tits RECOMMENDATION: Staff recommends that the City Council receive the Certificate of Achievement for Excellence in Financial Reporting. Submitted By Administrative Services Director DESCRIPTION: %\ Reviewed By Assistant City Manager Comprehensive Annual Financial Reports (CAFRs) are produced to provide the City Council, City Staff, and the general public with useful information about the City's operations and financial position. The reports are prepared in accordance with Generally Accepted Accounting Principles (GAAP), and are reviewed rigorously by an outside auditor for accuracy, completeness, and fairness in the way data is presented. The City of Dublin was recently notified that it has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its CAFR for Fiscal Year 2012 -13. This is the 23rd consecutive year that the City has been acknowledged by the Government Finance Officers Association with this prestigious award, the highest form of recognition in the area of Page 1 of 2 ITEM NO. 3.6 governmental accounting and finance. This is a testament to the City's ongoing commitment to excellence and transparency in financial reporting. NOTICING REQUIREMENTS /PUBLIC OUTREACH: None. ATTACHMENTS: 1. Copy of the City of Dublin's Certificate of Achievement for Excellence in Financial Reporting, FY 2012 -13 Comprehensive Annual Financial Report Page 2 of 2 Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to City of Dublin California For its Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2013 Executive Director /CEO