July 23, 2014
City Honored With Government Finance Officers Association Award
The Government Finance Officers Association (GFOA) of the United States and Canada has recognized the City of Cincinnati with a significant honor for its financial reporting.
The City of Cincinnati has received the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR).
The Certificate is a nationally recognized award in the area of governmental accounting and financial reporting. In order to be considered for the award, the City had to prepare and publish an easily readable and understandable CAFR covering all funds and both generally accepted principles and applicable legal requirements.
This is the 34th year that the City has received this award.
The Cincinnati CAFR has been judged by an impartial panel to have met the highest standards of the program including demonstrating a constructive "spirit of full disclosure" to clearly communicate the City’s financial story and motivate potential users to read the CAFR.
The City’s 2013 Comprehensive Annual Financial Report is available on the City’s website at http://www.cincinnati oh .gov/finance/cafr/.
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL and Washington, D.C.