Orange County NC Website
2 <br /> GOVERNMENT FINANCE <br /> OFFICERS ASSOCIATION <br /> 180 North Michigan Avenue,Suite 800,Chicago,Illinois 60601 <br /> 312/977-9700•Fax:312/977-4806 <br /> June 24 , 1994 <br /> Mr. Kenneth T. Chavious <br /> Finance Director <br /> Orange County <br /> P. O. Box 8181 <br /> Hillsborough, North Carolina 27278 <br /> Dear Mr. Chavious : <br /> We are pleased to notify you that your comprehensive annual <br /> financial report (CAFR) for the fiscal year ended June 30 , 1993 <br /> qualifies for a Certificate of Achievement for Excellence in <br /> Financial Reporting. The Certificate of Achievement is the <br /> highest form of recognition in governmental accounting and <br /> financial reporting, and its attainment represents a significant <br /> accomplishment by a government and its management . Congratu- <br /> lations for having satisfied the high standards of the program. <br /> We hope that your example will encourage others in their <br /> efforts to achieve and maintain an appropriate standard of <br /> excellence in financial reporting. <br /> Each entity submitting a report to the Certificate of Achievement <br /> review process is provided with a "Summary of Grading Results" <br /> form and a confidential list of comments and suggestions for pos- <br /> sible improvements in its financial reporting techniques . Your <br /> list has been enclosed. You are strongly encouraged to implement <br /> the recommended improvements into the next report and submit it <br /> to the program. Accompanying future submissions should be your <br /> detailed response to each comment appearing on the list . These <br /> responses will be provided to those Special Review Committee mem- <br /> bers participating in the review. <br /> WASHINGTON OFFICE <br /> 1750 K Street,N.W.,Suite 650,Washington,DC 20006 <br /> 202/429-2750 • Fax:202/429-2755 <br />