[Durham INC] Durham's Finance Dept. Earns Reporting Honor
Blalock, Amy
Amy.Blalock at durhamnc.gov
Mon Apr 12 10:00:21 EDT 2010
CITY OF DURHAM
Office of Public Affairs
101 City Hall Plaza
Durham, NC 27701
News Release
For Details, Contact:
Amy Blalock
Sr. Public Affairs Specialist
(919) 560-4123 x 11253
(919) 475-7735 (cell)
Amy.Blalock at durhamnc.gov
For Immediate Release: April 12, 2010
Durham's Finance Department Earns Reporting Honor
Award Recognizes High Standards in Government Reporting
DURHAM, N.C. - The City of Durham has received recognition yet again for
its financial accountability and reporting to Durham's citizens.
The City's Fiscal Year 2008-2009 Comprehensive Annual Financial Report
(CAFR) has been acknowledged for the 25th consecutive year by the
Government Finance Officers Association of the United States and Canada
(GFOA). The GFOA is a non-profit professional association serving
government finance professionals.
The City's 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 award recognizes the administration's continued commitment to
excellence in meeting the highest standards for financial reporting,"
said City Manager Tom Bonfield. "It is especially rewarding since this
is the 25th consecutive year that Durham has received this award for it
represents a quarter century of excellence by the City's Finance
Department."
A copy of the CAFR is available on the City's Web site at
www.durhamnc.gov/departments/finance/pdf/cafr_09.pdf. For more
information about the GFOA, visit www.gfoa.org.
About the City of Durham's Department of Finance
The mission of the City's Department of Finance is to professionally and
prudently enhance the City's financial position. The department is
divided into six divisions: the office of the director, accounting
services, treasury management, billing and collections, risk management
and safety, and purchasing. For more information about this department,
visit www.durhamnc.gov/departments/finance.
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