Mayor Carlo DeMaria is pleased to announce that the City of Everett has received one of the most prestigious awards highlighting the City’s strong fiscal structure and financial reporting.
Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to City of Everett for its comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2019.
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 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.
“This award expresses to the stability of the City’s admirable year-end fiscal reporting. CFO Eric Demas and his team continuously work tirelessly to ensure our finances are precise and comprehensive. During such unprecedented financial times, this award speaks volumes,” said Mayor DeMaria.