Today is a great day to do business in Moorhead
For the 30th year in a row, the City of Moorhead was awarded the Certificate of Achievement for Excellence in Financial Reporting. The award was presented to City Manager Michael Redlinger and Finance Director Wanda Wagner at the June 16 Committee of the Whole meeting.
Awarded by the Government Finance Officers Association (GFOA), 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. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized Comprehensive Annual Financial Report (CAFR). This report must satisfy both generally accepted accounting principles and applicable legal requirements, and include an independent auditor’s report.
The Government Finance Officers Association is a professional association of approximately 17,500 state, provincial, and local government finance officers in the United States and Canada. GFOA is headquartered in downtown Chicago.
As this rating is the highest form of recognition in the area of governmental accounting and financial reporting, the Moorhead Business Association wishes to add our kudos to our city staff for preparing the award-winning report, not just for one year, but also for the past 30 years. This recognition goes beyond awards and speaks to the high level of competence of our city staff. It demonstrates that our financial staff is committed to responsible budgeting and accurate reporting, and continued transparency to its citizens of the work that is being accomplished.