For the 18th consecutive year dating back to 1997, the Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Wilsonville the Certificate of Achievement for Excellence in Financial Reporting for the City's Comprehensive Annual Financial Report (CAFR). Attainment of the Certificate of Achievement, the highest form of recognition in the area of governmental accounting and financial reporting, represents a significant accomplishment by a government's management.
City Manager Bryan Cosgrove said, "This high level of recognition by an objective third-party reviewer of Wilsonville's annual financial report affirms that the City is an excellent steward of the public's resources by accurately accounting for how every dollar the City receives is spent."
The CAFR has been judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive "spirit of full disclosure" to communicate clearly the City's financial position. The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.
The City's CAFR report for is available online at www.ci.Wilsonville.or.us/CAFR.