BULLHEAD CITY–-The Government Finance Officers Association of the United States (GFOA) has awarded the City of Bullhead City’s Finance Department a Certificate of Achievement for Excellence in Financial Reporting due to the City’s comprehensive annual financial report.
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.
“I’m very proud of our Finance staff to once again win this prestigious award,” said City Manager Toby Cotter. “The award demonstrates a high level of transparency and competency in the Finance Department.”
The CAFR was judged by an impartial panel to meet high standards of the program including demonstrating a constructive “spirit of 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 that serves nearly 19,000 appointed and elected local, state and provincial-level government officials and other finance practitioners with offices in Chicago, IL and Washington, D.C.