A reminder for those in the press who may have missed this news from the City:
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Lake Worth by the 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 its management.
An Award of Financial Reporting Achievement has been awarded to the Finance Department of the City of Lake Worth.
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 is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.