01-08-1990 Council Packet - Laserfiche WebLink

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a December 1989 GOVERNMENT FINANCE OFRCERS ASSOCIATION 180 NC!7TH MCHGAN AV&JOE The Honorable James R. Grabek chc!go.iu^606oi Mayor mx?S7M806 City of Orono P.O. Box 66 Crystal Bay, Minnesota 55323 Dear Mayor Grabek: We are pleased to notify you that y^'ur comprehensive annual financial report for the fiscal year ended December 31, 1988 qualifies for a Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the highest fop of recpnition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. Whc-n ? Certificate of Achievement is awarded to a government, an Award of Financial Reporting Achievement is also presented to the individual des ignated b' the government as primarily responsible for its having earned the certificate. Enclosed is an Award of Financial Reporting Achievement for; Thomas M. Kuahn, Finance Director The Certificate cf Achievement plaque will be shipped under separate cover in about ter. weeks. We hope that you will arrange for a formal presenta tion of the Certificate and Award of Financial Reporting Achievement, and that appropriate publicity will be given to this notable achievempt. A sample nev.-s release is enclosed. We suggest that you provide to rhe local newspapers and radio and television stations. In addition, enclosed is the 1988 Certificate Program results representing the most recent statistics available. We hope that your example will encourage other government officials in their efforts to achieve and maintain an appropriate standard of excel lence in financial reportirj. If you have any questions regarding this matter, or if we may be of any further assistance, please do not hesitate to contact us. Sincerely, GOVERNMENT FINANCE OFFICERS ASSOCIATION Frederick G. LantI Assistant Director/Technical Services Center FGL/ds Enclosures