Agenda - 10-21-2003-6a - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: October 21, 2003 Action Agenda Item No. (p q SUBJECT: Certificate of Achievement for Excellence in Financial Reporting DEPARTMENT: County Manager PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Certificate INFORMATION CONTACT: Rod Visser, ext 2300 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To recognize the staff of the Orange County Finance Department for earning the Government Finance Officers' Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting. BACKGROUND: The GFOA is the recognized international organization providing guidance and support to local and state government finance professionals throughout the United States and Canada. The GFOA's Certificate of Achievement recognizes excellence in the preparation and presentation of annual audits and financial reports. The GFOA Certificate of Achievement is generally acknowledged as the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment represents a significant achievement by a governmental entity and its financial management team. The Orange County Finance Department has been awarded the GFOA Certificate of Achievement every year since 1982. Each year, the eligibility standards and expectations for the award become more stringent. Finance Director Ken Chavious and his staff are commended for their ability to consistently maintain the high standards embodied in the attainment of this annual award. FINANCIAL IMPACT: None. RECOMMENDATION(S): The Manager recommends that the Board recognize the Finance Director and his staff for their attainment of the GFOA Certificate of Achievement, and present to them the plaque provided by the GFOA.