HomeMy WebLinkAboutPrsntatn - Certificate of Achievement in Financial ReportingG
April 1, 2009
Government Finance Officers Association
203 N. LaSalle Street - Suite 2700
Chicago, IL 60601
Phone (312) 977-9700 Fax (312) 977-4806
Carlos L. Ortega
City Manager
City of Palm Desert
73-510 Fred Waring Drive
Palm Desert CA 92260-2578
Dear Mr. Ortega:
We are pleased to notify you that your comprehensive annual financial report for the fiscal year ended June 30, 2008
qualifies for a Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the
highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant •
accomplishment by a government and its management.
The Certificate of Achievement plaque will be shipped to:
Paul S. Gibson
Director of Finance/City Treasurer
under separate cover in about eight weeks. We hope that you will arrange for a formal presentation of the Certificate and
Award of Financial Reporting Achievement, and that appropriate publicity will be given to this notable achievement. A
sample news release is enclosed to assist with this effort. In addition, details of recent recipients of the Certificate of
Achievement and other information about Certificate Program results are available in the "Awards Program" area of our
website, www.gfoa.org.
We hope that your example will encourage other government officials in their efforts to achieve and maintain an
appropriate standard of excellence in financial reporting.
Sincerely,
Government Finance Officers Association
Stephen J. Gauthier, Director
Technical Services Center
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Original on File 1 tt9 C;lcL b. S :uice
Government Finance Officers Association
203 N. LaSalle Street - Suite 2700
Chicago, IL 60601
Phone (312) 977-9700 Fax (312) 977-4806
04/01/2009
NEWS RELEASE
For Information contact:
Stephen Gauthier (312) 977-9700
(Chicago) --The Certificate of Achievement for Excellence in Financial Reporting has been
awarded to City of Palm Desert by the Government Finance Officers Association of the United
States and Canada (GFOA) for its comprehensive annual financial report (CAFR). 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.
An Award of Financial Reporting Achievement has been awarded to the individual(s),
department or agency designated by the government as primarily responsible for preparing the
award -winning CAFR. This has been presented to:
Paul S. Gibson, Director of Finance/City Treasurer
Jose Luis Espinoza, CPA, Assistant Finance Director
Finance Department Staff, City of Palm Desert
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 clearly communicate its
financial story and motivate potential users and user groups to read the CAFR.
The GFOA is a nonprofit professional association serving approximately 17,500 government
finance professionals with offices in Chicago, IL, and Washington, D.C.