For the 11th year in a row, the city of Carlsbad was awarded a Certificate of Achievement for Excellence in Financial Reporting.
The city received the award from the Government Finance Officers Association of the United States and Canada for its fiscal year 2007-08 Comprehensive Annual Financial Report. The prestigious award is the highest form of recognition in the area of governmental accounting and financial reporting.
The annual financial report includes the basic financial statements of the city, statistical information that provides trend analysis and management's discussion and analysis. State law and the city's municipal code require that an annual financial report be prepared.
To be awarded a Certificate of Achievement, a government entity must publish an easily readable and efficiently organized comprehensive annual financial report. In addition, the report needs to satisfy generally accepted accounting principles and applicable legal requirements.
To view the report, visit www.carlsbadca.gov/finance.
The city received the award from the Government Finance Officers Association of the United States and Canada for its fiscal year 2007-08 Comprehensive Annual Financial Report. The prestigious award is the highest form of recognition in the area of governmental accounting and financial reporting.
The annual financial report includes the basic financial statements of the city, statistical information that provides trend analysis and management's discussion and analysis. State law and the city's municipal code require that an annual financial report be prepared.
To be awarded a Certificate of Achievement, a government entity must publish an easily readable and efficiently organized comprehensive annual financial report. In addition, the report needs to satisfy generally accepted accounting principles and applicable legal requirements.
To view the report, visit www.carlsbadca.gov/finance.