CC - Item 6A - Certificate of Achievement for Excellence in Financial Reporting Awarded to The City of RosemeadROSEMEAD CITY COUNCIL
STAFF REPORT
TO: THE HONORABLE MAYOR AND CITY COUNCIL
FROM JEFF ALLRED, CITY MANAGER
DATE: AUGUST 24, 2010
SUBJECT: CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL
REPORTING AWARDED TO CITY OF ROSEMEAD
SUMMARY
The Certificate of Achievement for Excellence in Financial Reporting has been awarded
to the City of Rosemead by the Government Finance Officers Association of the United
States and Canada (GFOA) for its comprehensive annual financial report (CAFR) for
the year ended June 30, 2009. The Certificate of Achievement is the highest form of
recognition in the area of governmental accounting and financial reporting, and its
attainment represents a significant accomplishment by a government and its
management.
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.
Staff Recommendation
Staff recommends that the City Council receive the GFOA Certificate of Achievement
for Excellence in Financial Reporting for the fiscal year ended June 30, 2009.
Submitted by:
Steven Brisco
Director of Finance
APPROVED FOR CITY COUNCIL AGENDA: ITEM NUMBER: b