Achieving Excellence in Financial Reporting

Posted 12/08/06

For the fourteenth year straight, the City of Moline has been awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association 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.

The Certificate of Achievement for Excellence in Financial Reporting Program was established by the Government Finance Officers Association in 1945. Its purpose is to encourage all government units to prepare and publish an easily readable and understandable comprehensive annual financial report (CAFR) covering all funds and financial transactions of the government during the year.

“Our Finance Director, Kathleen Carr, excels in presenting our financial data in a format that clearly communicates the City’s financial picture, and this recognition exemplifies her commitment to this very important reporting process,” said Lew Steinbrecher, City Administrator.

Moline’s financial report for the year ending December 31, 2005 can be viewed by clicking here.

The Government Finance Officers Association is a non-profit professional organization serving approximately 15,000 government finance professionals throughout the country.