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TO: <br />PROM: <br />DATE: <br />SUBJECT: <br />Mayor and City Council <br />Ron Moorse, City Administrator <br />November 4, 1993 <br />//V <br />c <br />(9 <br />Receipt of the Certificate of Achievement for Excellence <br />in Financial Reporting - 1992 Comprehensive Annual <br />Financial Report <br />>1 <br />Attachment:Notification Letter From Government Finance <br />Officers Association Dated 10/22/93; Sample News <br />Release; Award of Financial Reporting Achievement <br />The City of Orono has been awarded the G.F.O.A.'s Certificate of <br />Achievement for Excellence in Financial Reporting for the <br />Comprehensive annual financial report for the year ended December <br />31, 1992. This is the sixth consecutive year the City has earned <br />the certificate. The Certificate of Achievement is the highest <br />form of recognition in governmental accounting and financial <br />reporting, and its attainment represents a significant <br />accomplishment by a government and its management. <br />Congratulations to Finance Director Tom Kuehn, and to his staff for <br />their ongoing efforts, and to the audit staff of Malloy, Karnowski, <br />Radosevich and Co. for their valuable assistance, and to the City <br />Council for the leadership in supporting and encouraging the City <br />to seek this award. <br />The Certificate of Achievement plaque will be shipped separately in <br />the next few weeks. At that '• ime the City can arrange for a formal <br />presentation, with appropri=>te pu.jlicity. <br />PROPOHED MOTION ■ Moved by seconded by that the Council <br />cong.rat'ulate Finance Director Tom Kuehn and the Financial staff for <br />the City's obtaining the G.F.O.A. Certificate of Achievement for <br />Excellence in Financial Reporting for the 1992 Comprehensive Annual <br />Finance Report; and acknowledges the valuable assistance provided <br />by the audit staff of Malloy, Karnowski, Radosevich and Co. Ayes <br />, Nays