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The original item was published from 10/25/2018 2:28:01 PM to 12/1/2018 12:05:08 AM.

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Posted on: October 25, 2018

[ARCHIVED] Town Earns Certificate of Achievement in Financial Reporting

GFOA CAFR

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Town of Sunnyvale by Government Finance Officers Association of the United States and Canada (GFOA) for its 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.


An award of Financial Reporting Achievement has been awarded to the staff of our Finance Department.


The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.


GFOA is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services and products designed to enhance the skills and performance of those responsible for government finance policy and management.

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