City of Encinitas Earns Recognition for Excellence in Financial Reporting

City of Encinitas Earns Recognition for Excellence in Financial Reporting

Encinitas, CA – An Award of Financial Reporting Achievement has been awarded to the City of Encinitas Finance Department for their role in preparing the award-winning comprehensive annual financial report. The City was awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its Fiscal Year 2017-2018 comprehensive annual financial report (CAFR). The Certificate of Achievement is the organization’s highest form of recognition for governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

 “The City of Encinitas prides itself on the critical role and responsibility it has to properly manage and report the City’s finances,” said Mayor Catherine Blakespear. “Encinitas residents and business owners deserve the best accounting and financial reporting available. This honor demonstrates our commitment to managing the City’s finances in the most transparent and efficient way.”

The City’s CAFR was judged by an impartial panel of GFOA members and staff to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

For more information about the GFOA Certificate of Achievement, please contact Michele Mark Levine at (312) 977-9700 or [email protected].

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ABOUT THE GOVERNMENT FINANCE OFFICERS ASSOCIATION

The GFOA is a major professional association serving the needs of over 20,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, IL, with offices in Washington, D.C.

ABOUT THE CITY OF ENCINITAS

Located along six miles of Pacific Ocean coastline in northern San Diego County, Encinitas has an approximate population of 63,000 and is characterized by coastal beaches, cliffs, flat-topped coastal areas, steep mesa bluffs and rolling hills. The city was incorporated in 1986, drawing together the communities of New Encinitas, Old Encinitas, Cardiff-by-the-Sea, Olivenhain and Leucadia.

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