For the 19th consecutive year since 1997, the Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Wilsonville with 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, “Repeated recognition by an independent third-party of our impressive financial-reporting track record demonstrates that the City places a high value on managing and accurately accounting for the public’s financial resources.”
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.