The City of Irvine’s Receives Certificate of Achievement for Excellence in Financial Reporting for the 42nd Consecutive Year
Wednesday, June 09, 2021
The City of Irvine’s Financial Management & Strategic Planning Department received a Certificate of Achievement for Excellence in Financial Reporting for the Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2020, from the Government Finance Officers Association (GFOA).
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.
“The City of Irvine is proud to receive this distinction for the 42nd consecutive year,” said Irvine Mayor Farrah N. Khan. “This ranking confirms City staff remain committed to ensuring full transparency to clearly communicate the City’s financial story. Highlighting financial reporting and motivating readership, is essential to this City Council.” ?
The Comprehensive Annual Financial Report is the summarization of the City's financial activity for the previous fiscal year. The City of Irvine's fiscal year begins July 1 and ends June 30. In addition to reporting financial activity, the report also includes a summarization of significant milestones that were accomplished during the year by department, fiscal policies, and statistical information. The Comprehensive Annual Financial Report is prepared by December of each year.
The full Comprehensive Annual Financial Report can be found here.
For more information about the City of Irvine’s financial reports, please visit cityofirvine.org.
Since its incorporation in 1971, Irvine has become a nationally recognized city, with a population of 281,707 that spans 66 square miles and is recognized as one of America’s safest and most successful master-planned urban communities. Top-rated educational institutions, an enterprising business atmosphere, sound environmental stewardship, and respect for diversity all contribute to Irvine’s enviable quality of life. This family-friendly city features more than 16,000 acres of parks, sports fields and dedicated open space and is the home of the Orange County Great Park. For more information, please visit cityofirvine.org.
Category: City of Irvine, Business Achievement Awards, Business Excellence