The city of
Fayetteville's Finance Department is doing an excellent job, according
to the Government Finance Officers Association of the United States and
Canada.
The nonprofit
professional organization has awarded the city its Certificate of Achievement
for the fourth year in a row.
"The Certificate
of Achievement is the highest form of recognition in the area of governmental
accounting and financial reporting and its attainment represents a significant
accomplishment by a government and its management," says GFOA in
a press release.
Lynn Raven,
director of finance for the city, received the award during City Council's
regular twice-monthly meeting Monday. According to GFOA, the award recognizes
excellence in the city's comprehensive annual financial report.
The report
was "judged by an impartial panel to meet the standards of the program,
including demonstrating a constructive 'spirit of full disclosure' to
clearly communicate its financial story and motivate potential users and
user groups to read the CAFR," says the organization's release.
GFOA is a nonprofit
professional association serving approximately 14,000 government finance
professionals. Its offices are in Chicago, Ill. and Washington, D.C.
Mayor Kenneth
Steele presented the certificate and thanked Raven for a job well done .







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