The City of Apple Valley has participated in the Certificate of Achievement for Excellence in Financial Reporting program through the Governmental Finance Officers Association for the past four years.
I am proud to announce that the City of Apple Valley has been awarded the Certificate of Achievement for Excellence in Financial Reporting from the Governmental Finance Officers Association for our 2014 annual financial statements.
To earn this award, the City of Apple Valley had to conform to the GFOA program's demanding criteria, which go well beyond the minimum requirements of Generally Accepted Accounting Principles. The receipt of this award reflects a high degree of dedication and leadership on the part of the City Council.
As part of the process our financial statements were reviewed by an impartial panel of government finance officers, independent Certified Public Accountants and other professionals with expertise in governmental accounting and financial reporting. Only those reports that are judged by all reviewers to have met the program’s criteria are awarded the Certificate of Achievement for excellence in financial reporting.
This certificate of achievement would not have been possible without the efforts of the entire Finance Department, and especially Assistant Finance Director Cathy Broughten.