Posted on: August 23, 2021 - 7:43am
The highest award in government finance has been awarded to the Coachella Valley Mosquito and Vector Control District. The award is presented by the Government Finance Officers Association (GFOA) for Excellence in Financial Reporting through the creation of the District’s Comprehensive Annual Financial Report for year ending June 30, 2020.
GFOA was founded in 1906. The association represents public finance officials throughout the United States and Canada. The Association’s more than 20,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA’s mission is to advance excellence in public finance.
“I want to congratulate our finance team for their excellent work,” said Jeremy Wittie, General Manager of the District. “I know COVID-19 created a lot of new challenges for the workplace but the Finance Team met their commitment to excellence and transparency of the District’s financial position.”
GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (COA) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal. The goal of the program is not to assess the financial health of participating governments, but rather to ensure that users of their financial statements have the information they need to do so themselves.
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