District of Coldstream Mayor Jim Garlick accepts the Canadian Award for Financial Reporting from Director of Financial Administration, Patricia Higgins, during a council meeting held at the dsitrict office in 2017. (File photo)

Coldstream financial reporting praised

For the seventh consecutive year, the Coldstream has received the Award for Financial Reporting

The District of Coldstream’s dedication to producing a quality annual report has been recognized for the seventh consecutive year.

While the high number of consecutive wins is exciting, Trevor Seibel, chief administrative officer, said Coldstream’s pride lies within what the Canadian Award for Financial Reporting represents.

“We’ve tried to go above and beyond in terms of giving as much information, in the spirit of transparency, for the community so they know in layman’s terms what’s going on,” Seibel said. “We pride ourselves in being as open as we can.”

Awarded by the Government Finance Officers Association of the United States and Canada (GFOA), the prestigious recognition lauds a community’s commitment to publishing high quality and in depth financial reports. A committee of impartial GFOA members judges each submission and looks for municipalities that go beyond the accepted accounting principles to communicate their financial health to their community.

“We hope to make it eight (consecutive wins) here with the 2018 report,” Seibel said. “Our intention is to, for the foreseeable future, maintain that high standard we’ve integrated.”


Like us on Facebook and follow us on Twitter.

Just Posted

Interior Savings looks to hand out bursaries

Applications open until Feb. 28

Get ready to fill the stands at the Special Olympics Winter Games in Vernon

The festivities get underway Thursday with the opening ceremony

Vernon to see sunny skies for Family Day

Sunny but cool as Environment Canada calls for wind chill of -9 C Sunday, -13 C Monday

SilverStar Emergency Services Day raises funds for hospital

Over $20,000 was raised for the Vernon Jubilee Hospital Foundation

Vernon art gallery turns out the lights and throws a party

DJ, drinks and food at Art After Dark Feb. 23

Okanagan College professor awarded for promoting financial literacy

Leigh Sindlinger received a Distinguished Service Award for inspiring financial literacy in youth

Poll: What do you think of Family Day weekend’s move?

Until this year, Family Day has fallen on the second Monday in February

B.C. athlete takes home gold in freestyle aerials at Canada Games

Brayden Kuroda won the event with a combined score of 121.65.

Cabinet likely to extend deadline to reconsider Trans Mountain pipeline

New round of consultations with Indigenous communities is coming

B.C. government provides $75,000 towards salmon study

Study looks at abundance and health of Pacific salmon in Gulf of Alaska

Murdered and missing honoured at Stolen Sisters Memorial March in B.C.

‘We come together to make change within the systems in our society’

UBC researchers develop inexpensive tool to test drinking water

The tricoder can test for biological contamination in real-time

Disgraced ex-Congressman Anthony Weiner released from prison

He was convicted of having illicit online contact with a 15-year-old North Carolina girl in 2017

Most Read