The City of Cuyahoga Falls Awarded Certificate of Achievement for Excellence in Financial Reporting
Jan 04, 2018
Mayor Don Walters is honored to announce that the City of Cuyahoga Falls has again been awarded the Certificate of Achievement for Excellence in Financial Reporting for the comprehensive annual financial report (CAFR) by the Government Finance Officers Association of the United States and Canada (GFOA). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. Finance Director Bryan Hoffman has been presented the award for preparing the award-winning CAFR.
“We remain committed to strong financial management and being recognized by the GFOA is an incredible accomplishment for our Finance Team led by our Finance Director Bryan Hoffman,” stated Mayor Don Walters. “We continue to implement best practices and utilize the innovative talents of our Finance Department to report our finances with accuracy and transparency to best serve our residents.”
The CAFR is judged by an impartial panel that is charged with identifying entities that meet strict criteria set forth by the program such as demonstrating a constructive “spirit of disclosure” to clearly communicate the financial story and to motivate potential users and user groups to read the CAFR.
The GFOA is a nonprofit professional association serving roughly 17,500 government finance professionals with offices in Chicago, IL and Washington, D.C.
For additional information, please click on “Awards Program” at www.gfoa.org.