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TO: <br />FROM: <br />DATE: <br />Mayor and City Council <br />Ron Moorse, City Administrator <br />January 20, 1993 fljv <br />SUBJECT:Receipt of the Certificate of Achievement for'lfl^^^^ence <br />in Financial Reporting - 1991 - Financial Repor <br />Attachment:Notification Letter From Government Finance <br />Officers Association Dated 12/18/92; Sample <br />News Release; Award of Financial Reporting <br />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, 1991. This is the fifth 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 />PROPOSED MOTION - Moved by seconded by that the Council <br />congratulate 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 1991 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