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GOVERINiMEM Fi^JA’.CE <br />OFFICERS AS5GClAT!0.\j <br />180 North Micniqan Avenue Suite 3C0 Ci'icaqc ‘.ncis £060* <br />31e/377-3/\_,u • fd* um. :3 I > '♦Quo <br />For information contact; <br />Fred Lantz (312) 977-9700 <br />December 7, 1990 <br />NEWS RELEASE <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 />TBOHAS M. KDEHN, FINANCE DIRECTOR <br />The CAFR has been judged by an impartial panel to meet the <br />high standards of the program including demonstrating 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 aSi?ociation serving <br />12,200 government finance professionals with offices in Chicago, <br />Illinois, and Washington, D.C. <br />- 30 - <br />WASHINGTON OFFICE <br />1750 K Street. N.W.. Suite 200. Waehinqton. O C. 20006 <br />202/466-2750 • Fai: 202/429-2755