Certificate of Achievement for Excellence in Financial Reporting Presented to the City of Red Wing
Wednesday, April 14 2010 12:00 AM
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Red Wing by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2008 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 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.