For the 28th year in a row, Santa Clarita has received an award for the city’s financial reporting.

The City of Santa Clarita has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2015-16. This year marks the 28th consecutive year that the City has received this prestigious award.

“The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents significant accomplishment by a government and its management,” wrote Todd Buikema, Acting Director, Technical Services Center from the Government Finance Officers Association in a letter congratulating the City of Santa Clarita.

The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

The Government Finance Officers Association is a major professional association servicing the needs of 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners.

Ed. Note: This information is a press release from the City of Santa Clarita