For the fourteenth year in a row, the Certificate
of Achievement for Excellence in Financial Reporting has been awarded to the
City of Norman by the 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 also been
awarded to the individuals primarily responsible for preparing the
award-winning CAFR; Norman’s Finance Director Anthony Francisco, Norman’s Chief
Accountant Clint Mercer and Norman’s Municipal Accountant, Becky Masters.
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.
The GFOA is a
nonprofit professional association serving approximately 16,000 government
finance professionals with offices in Chicago, Illinois and Washington, D.C.
For
more information please contact Scott Martin, City
of Norman at (405) 366-5446 or by email at scott.martin@ci.norman.ok.us