City of Menifee wins another award for financial reporting
Members of the City Finance Department, which was once again rewarded for excellence in reporting. Press release from the City of Menifee: ...
Members of the City Finance Department, which was once again rewarded for excellence in reporting.
Press release from the City of Menifee:
MENIFEE – The City of Menifee proudly announces that its Finance Department has been honored with the prestigious "Certificate of Achievement for Excellence in Financial Reporting" by the Government Finance Officers Association (GFOA). This marks the 13th consecutive year the finance team has received this honor, showcasing the City's unwavering commitment to fiscal responsibility and transparency in managing its financial operations.
The Certificate of Achievement for Excellence in Financial Reporting was awarded for Menifee’s annual comprehensive financial report. The report was judged by an impartial panel to meet the program's high standards, which include demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and encourage readership. According to the GFOA, the Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
“Ensuring transparent, fiscally responsible, and accountable financial reporting continues to be a top priority for the City of Menifee,” said City Manager Armando G. Villa. “Our finance team is committed to upholding the integrity of our financial practices and delivering the highest level of service that exceeds industry standards.”
The Government Finance Officers Association (GFOA) is a highly respected organization that recognizes outstanding financial reporting practices in municipalities throughout the United States and Canada. Established in 1906, the GFOA represents public finance professionals across North America. With over 20,000 members, including federal, state/provincial, and local finance officials, the organization plays essential roles in planning, funding, and executing various governmental activities in their respective areas. The primary objective of the GFOA is to promote the highest quality standards in public finance.
For more information about Menifee’s Finance Department and to see the City’s Comprehensive Annual Financial Report, please visit www.cityofmenifee.us/Finance.