City of Ridgefield awarded certificate for Excellence in Financial Reporting

This information was provided by the city of Ridgefield.

RIDGEFIELD — The city of Ridgefield was awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2015 comprehensive annual financial report (CAFR).

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. The GFOA also recognized the city’s Finance Department with an Award of Financial Reporting Achievement as the department primarily responsible for preparing the CAFR.

This significant accomplishment was driven by the Ridgefield City Council’s commitment to transparent government, promoting accountability and being conscientious stewards of public funds.

“The city is constantly striving to improve how it communicates with the public and this award recognizes our progress in that effort,” said Mayor Ron Onslow.

“I am very proud of the Finance Department team for preparing financial statements that inform, enlighten and communicate the city’s financial story to the public,” said Kirk Johnson, finance director.

The GFOA, founded in 1906, represents public finance officials throughout the United States and Canada. The association’s more than 18,000 members are federal, state/provincial and local government finance officials. Its mission is to enhance and promote the professional management of governmental financial resources by identifying, developing and advancing fiscal strategies, policies and practices for the public benefit. The GFOA established the CAFR Program in 1945.

Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x