Cindy Barker, Manager, Revenue Services; Terry Martens, Financial Analyst; Larissa Fitchett, Administrative Assistant; Aaron Stuart, Manager, Financial Planning and Reporting; Debra Law, Director, Financial Services; and Mayor Victor Cumming. (Photo contributed)

City of Vernon wins award for financial reporting

The Financial Services team has received this award for the past seven years.

Government Finance Officers Association of the United States and Canada (GFOA) awarded a Canadian Award for Financial Reporting to the City of Vernon for its annual financial report for the fiscal year that ended Dec. 31, 2017.

The Canadian Award for Financial Reporting program was established to encourage municipal government throughout Canada to publish high quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports.

In order to be awarded a Canadian Award for Financial Reporting, a government unit must publish an easily readable and efficiently organized annual financial report, whose contents conform to program standards. Such reports should go beyond the minimum requirements of generally accepted accounting principles and demonstrate an effort to clearly communicate the municipal government’s financial picture, enhance an understanding of financial report by municipal governments, and address user needs.

The Financial Services team has received this award for the past seven years.

Related: Team approach brings new vision to wealth management

Related: North Okanagan election finances revealed

To report a typo, email:
newstips@vernonmorningstar.com
.


@VernonNews
newstips@vernonmorningstar.com

Like us on Facebook and follow us on Twitter.

Just Posted

Service with a smile: How inclusive workplaces benefit everyone

Vernon employee serves up service with a smile

North Okanagan residential market runs true to form

Market picking up as expected, OMREB says

Fundraising campaign launched for man caught in SilverStar avalanche

In only two days, the GoFundMe surpassed its $15,000 goal

Business is booming in Lumby: Chamber

Chamber looks to capture history

A tough hill to climb: Armstrong business owner overcomes odds

Armstrong biologist-businesswoman celebrates a milestone anniversary

Sparks fly as SUV speeds down wrong side of Highway 1 trying to flee RCMP

Captured on video, the vehicle headed westbound against oncoming traffic before crashing

Kelowna artist featured on furniture

Shandra Smith’s work is now available on credenzas

Destructive blaze in West Kelowna fatal for cat

The fire at a West Kelowna condo claimed the life of one tenant’s cat

Sock Hop aims to send dancers back to another time

Writers’ Festival fundraiser in Salmon Arm springs into step for another year

Man pinned under metal tank in West Kelowna

Emergency personnel are on the scene

WWE, WCW elite hits Vernon mat for professional wrestling show

International wrestlers descend upon Vernon for Canadian Wrestling’s Elite anniversary tour

Terror at sea: Helicopter rescues frightened cruise passengers in Norway

The Viking Sky cruise ship was carrying 1,300 passengers and crew when it experienced engine trouble

DOJ: Trump campaign did not co-ordinate with Russia in 2016

Attorney General William Barr said special counsel “does not exonerate” Trump of obstructing justice

Trudeau in Vancouver to support Tamara Taggart at Liberal nomination event

The former broadcaster is seeking the nomination for the Vancouver Kingsway riding

Most Read