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GOVERNMENT FINANCE <br />OFFICERS ASSOCIATION <br />1G0 North Michigan Avenue. Suite 800. Chicago. Illinois 60601 <br />312/977-S700 • Fax: 312/977-4006 <br />December 18, 1992 <br />NEWS RELEASE <br />For information contact: <br />Stephen Gauthier (312) 977-970 <br />(Chicago)—The Certificate of Achievement for Excellence in Finan­ <br />cial Reporting has been awarded to: <br />CITY OF ORONO <br />by the Government Finance Officers Association of the United States <br />and Canada (GFOA) for its comprehensive annual financial report <br />(CAFR). The Certificate of Achievement is the highest form of <br />recognition in the area of governmental accounting and finan­ <br />cial reporting, and its attainment represents a significant <br />accomplishment by a government and its management. <br />An Award of Financial Reporting Achievement has been awarded <br />to the individual designated as primarily responsible for <br />preparing the award-winning CAFR. This has been presented to: <br />THOMAS M. KUEHN, FINANCE DIRECTOR <br />The CAFR has been judged by an impartial panel tc meet the <br />high standards of the program including oemonstrating a construc­ <br />tive “spirit of full disclosure" to clearly communicate its <br />financial story and motivate potential users and user groups <br />to read the CAFR. <br />The GFOA is a nonprofit professional association serving <br />12,300 government finance professionals with offices in Chicago, <br />Illinois, and Washinnton, D.C. <br />- 30 - <br />WASHINGTON OFFICE <br />•I7V1 If CtTMt N W SmW 200. WMtwnaxtn. O C 20006