City of Sand Springs receives Achievement for Excellence in Financial Reporting
/Sand Springs, OK - The City of Sand Springs has received a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association. The award recognizes the City’s 2018 fiscal year-end comprehensive annual financial report (CAFR), and is the 29th consecutive year for this honor.
The GFOA’s Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. The honor reflects a constructive “full spirit of disclosure” to clearly communicate the City of Sand Springs’ financial story on an annual basis.
The honor falls to the City’s Finance Department, who produces an annual CAFR and works closely with independent auditors each year to verify the City’s financial activity and standing.
“We’re pleased to again receive this honor,” stated Finance Director Kelly Lamberson. “Our entire finance department works tirelessly to maintain accurate records, audits, reports and summarize our financial status in an transparent manner in the annual CAFR which we produce for the city.”
The GFOA is based in Chicago, Illinois and serves member organizations through the advancement of uniform standards and procedures in financial management for governments as well as assisting with professional development for public finance managers. For more information on the GFOA, access them at www.gfoa.org
For more information about the City of Sand Springs, please visit www.sandspringsok.org and follow the City’s social media on Face Book and Instagram for the latest updates.