City Receives 20th Consecutive Annual Financial Reporting Award
For the 20th consecutive year since 1997, the Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Wilsonville with the Certificate of Achievement for Excellence in Financial Reporting for the City’s Comprehensive Annual Financial Report. Attainment of the Certificate of Achievement, the highest form of recognition in the area of governmental accounting and financial reporting, represents a significant accomplishment by a government’s management.
City Manager Bryan Cosgrove said, “We are proud that for the past two decades the City’s Comprehensive Annual Financial Report continues to be recognized by a neutral and well-respected organization like the Government Finance Officers Association of the United States and Canada. This accomplishment demonstrates the city’s commitment to delivering high-quality accounting and fiduciary management for the residents of Wilsonville.”
The Comprehensive Annual Financial Report is judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive "spirit of full disclosure" to communicate clearly the City’s financial position. The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.