City of New Rochelle Awarded Certificate of Achievement for Excellence in Financial Reporting

Written By: Talk of the Sound News

The Certificate of Achievement for Excellence in Financial Reporting (CAFR) has been awarded to the City of New Rochelle by the Government Finance Officers Association (GFOA) of the United States and Canada for its Fiscal Year 2010 financial report. This is the twenty-first consecutive year New Rochelle has received the award, the highest form of recognition in the area of government accounting and financial reporting.

“We commend our Finance Department for once again receiving such a distinguished honor,” said City Manager Charles B. Strome, III. “This award is a tribute to their professionalism and integrity.” Finance Commissioner Howard Rattner noted, “The Certificate of Achievement recognizes the fine work of our entire staff.”

The GFOA is a nonprofit association serving approximately 17,500 government finance professionals with offices in Chicago, Illinois and Washington, D.C. The CAFR has been judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

The CAFR can be found on the City’s website, at the City Clerk’s office in City Hall, or in the New Rochelle Public Library.

2 thoughts on “City of New Rochelle Awarded Certificate of Achievement for Excellence in Financial Reporting”

  1. Thanks for the laugh!
    Something’s wrong here, city hall can’t produce a balanced budget without gimmicks and someone thinks they should be rewarded?

    Thanks for the laugh, but I think the Government Finance Officers Association’s been hoodwinked like the taxpayers have.

  2. Is this award so special
    Called the Government Finance Officers Association and learned the following: New Rochelle has been submitting applications since 1977. We are members of this association,therefore, are eligible to participate. Non members may also submit entries, but their applications must be sponsored by an active GFOA member. There are no fees or charges associated with the organization, but there is a sliding scale fee for submitting an application. However, winners must be present at the GFOAs annual conference to accept the award in person. Since we received the award in 2010, I wonder who attended the conference at the taxpayers’ expense.

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