City Earns Certificate of Achievement in Financial Reporting

Contributed Content: The city of Menifee finance department recently received the Certificate of Achievement for Excellence in Financial R...

Contributed Content:

The city of Menifee finance department recently received the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR) for fiscal year 2011-12.

The Government Finance Officers Association of the United States and Canada gives this award to government finance agencies that uphold the high standards of their program. This includes demonstrating a constructive “spirit of full disclosure” to clearly communicate the city’s financial story and to motivate audiences to use the document.

Menifee’s CAFR document provides a citywide view of all governmental activities with focus on the financial position and operating results of the city’s major funds. The finance department produces this document to provide a comprehensive presentation of the city’s financial status for the year.

“The finance department is very proud to be recognized with the GFOA Certificate of Achievement award,” said Finance Director Terri Willoughby. “The finance team works very hard to maintain a high quality of accounting standards and to produce a useful, easy to navigate comprehensive annual financial report.”

GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington, D.C.

For more information, contact Finance Director Terri Willoughby at 951-672-6777 or twilloughby@cityofmenifee.us.

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