Excellence In Financial Reporting
The Certificate of Achievement for excellence in Financial Reporting has been awarded to the City of La Porte by the Government Finance Officers Association of the United States and Canada for its annual comprehensive annual financial report (CAFR) for the fiscal year 2012. 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 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 Illinois and Washington, DC. The City of La Porte has received this prestigious award for thirty-two consecutive years.
Outstanding Achievement By GFOA
The Government Finance Officers Association of the United States and Canada (GFOA) has given an Award for Outstanding Achievement in Popular Annual Financial Reporting to City of La Porte for its Popular Annual Financial Report for the fiscal year ended September 30, 2012. The Award for Outstanding Achievement in Popular Annual Financial Reporting is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports.
In order to receive an Award for Outstanding Achievement in Popular Annual Financial Reporting, a government unit must publish a Popular Annual Financial Report, whose contents conform to program standards of creativity, presentation, understandability and reader appeal.
A copy of this report is available on the City’s website at http://www.ci.la-porte.tx.us/gov/finance/popular_annual_finance_report.asp
Gold Award Leadership Circle
The Comptroller of Public Accounts launched the Texas Comptroller Leadership Circle program in December 2009 to recognize local governments across Texas that are striving to meet a high standard for financial transparency online. The Comptroller is spotlighting those local governments that are opening their books to the public, providing clear, consistent pictures of spending and sharing information in a user-friendly format that lets taxpayers easily drill down for more information.
Local governments are required to submit an application. A local government must provide financial reports on their website. The State Comptroller will award Leadership Circle designees with a certificate reflecting their Circle Award level: Gold, Silver, or Bronze. Gold highlights those entities that are setting the bar with their transparency efforts. Silver encourages those who are making progress. Bronze inspires those who are just beginning their transparency efforts.
Financial transparency is an ongoing goal for any government entity. The State Comptroller encourages and applauds local governments across Texas that are stepping up efforts to give taxpayers a transparent look at where their money goes.
The City of La Porte applied for and was awarded the Silver Award in 2011 and 2012 and are pleased to announce that we received the Gold Award for 2013.