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Posted on: December 4, 2018

City Wins Financial Reporting Award

The City of Victoria has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the U.S. and Canada for its comprehensive annual financial report (CAFR) for the eleventh year in a row.

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. Overall, only about one percent of U.S. cities with a population of under 10,000 receive this award.

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

The city’s 2017 comprehensive annual financial report and other city financial reports are available on the city’s website.
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