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Posted on: December 27, 2018

City Recognized for its Comprehensive Annual Financial Report (CAFR)

Image of Finance Director Smith with Inver Grove Heights City Council when recognized by CFOA for Ci

For the 31st consecutive year, the City of Inver Grove Heights has been awarded The Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR).

The award-winning report can be viewed online here.

The following news release was provided by the Government Finance Officers Association.

“The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Inver Grove Heights 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 individual(s) or department designated by the government as primarily responsible for preparing the award-winning CAFR.

The CAFR has been judges 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.

Government Finance Officers Association 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. The association is headquartered in Chicago, Illinois, with offices in Washington, D.C."


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