INC NEWS - Durham Finance Dept. Earns Reporting Honor

[Blalock, Amy]

CITY OF DURHAM

Office of Public Affairs

101 City Hall Plaza

Durham, NC 27701

 

 

News Release

 

For Details, Contact:

Amy C. Blalock

Senior Public Affairs Specialist

(919) 560-4123 x 253

(919) 475-7735 (cell)

Amy.Blalock at durhamnc.gov <mailto:Amy.Blalock at durhamnc.gov> 

 

For Immediate Release:  July 8, 2008

 

Durham's Finance Department Earns Reporting Honor


International Award Recognizes High Standards in Government Reporting


 

Durham, N.C. - The City of Durham has received international recognition
yet again for its financial accountability and reporting to Durham's
citizens.

 

The City's Comprehensive Annual Financial Report (CAFR) has been
acknowledged for the 23rd consecutive year by the Government Finance
Officers Association of the United States and Canada (GFOA).  The GFOA
is a nonprofit, professional association serving more than 17,000
government finance professionals.

 

The City's Fiscal Year 2006-07 CAFR was recognized with the certificate
of achievement, the GFOA's highest form of recognition in the area of
government accounting and financial reporting.  An impartial panel
determined that the report met "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."

 

"This prestigious international award recognizes the City's commitment
to meeting the highest standards for financial reporting," City Manager
Patrick W. Baker said. "Our financial reporting team is to be commended
for its continuing commitment to excellence. This team maintains the
City's financial reporting system with integrity and it is rewarding to
see that its work consistently receives international notice and
acclaim."

 

A copy of the CAFR is available on the City's Web site at 
www.durhamnc.gov/departments/finance/cafr.cfm.  

 

About the City of Durham's Department of Finance

The mission of the City's Department of Finance is to professionally and
prudentially enhance the City's financial position. The department is
divided into two main components, a treasury component and a
controller's component. The treasury component is subdivided into
Treasury Management, Risk Management, and Purchasing. The controller's
component is subdivided into Enterprise Resource Planning (ERP) and
Accounting Services.  For more information about this department, visit
the City's Web site at www.durhamnc.gov/departments/finance.  

 

###

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.deltaforce.net/mailman/private/inc-list/attachments/20080708/1be017ac/attachment.htm 
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: image/jpeg
Size: 3058 bytes
Desc: image001.jpg
Url : http://lists.deltaforce.net/mailman/private/inc-list/attachments/20080708/1be017ac/attachment.jpeg