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DEC 10 19 ?0 <br />TO:Mayor and City Council <br />PROM: Mark E. Bernhardson, City Administratojf:' ^ <br />DATE: December 14, 1990 <br />. or G k GHO <br />SUBJECT: Certificate of Reporting Excellence - 1989 rinancial <br />Report <br />Attachment:A. Notification Letter From Government Finance <br />Officers Association Dated 12/7/90 Re: Award <br />of Certificate of Excellenace in Financial <br />Reporting <br />ISSUE - Acceptance and congratulations for receiving this award <br />for the third consecutive year. <br />INTRODUCTION - The City of Orono has been awarded the GFOA*s <br />Certificate of Excellence in Financial Reporting for the third <br />consecutive year for its 1989 comprehensive annual financial <br />report. <br />RECOMMENDATION - It is recommended that the Council congratulate <br />particular ly the Financial staff for their ongoing efforts, the <br />City's Auditor who has assisted in achieving this award and the <br />Council itself for its efforts in leadership in promoting the <br />City to seek this award. <br />PROPOSED MOTION - Moved by seconded by , that the Council <br />the rest of thecongratulate Tom Kuehn, rTnance Director# <br />Financial staff and the staff as a whole for the City's excellent <br />financial reporting# and Pannel Kerr Forster# its Auditors# for <br />their invaluable assistance. Ayes _# Nays _. <br />cc:Thomas Kuehn# Finance Director <br />Pannell Kerr Forster