City of Cotati Wins Financial Transparency Award!

City of Cotati Wins Financial Transparency Award!
Posted on 07/08/2019
City of Cotati Wins Financial Transparency Award!In addition to the second straight year of award winning budgets, the City of Cotati (City)was awarded a Certificate of Achievement for Excellence in Financial Reporting and the corresponding Award of Financial Reporting Achievement both given by the Government Finance Officers Association (GFOA). These awards are for the Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2018.
The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment represents a significant accomplishment by the City. This is the first year that the City has earned this award. According to Mayor Dell’Osso, “It’s a priority of this City Council to continue to maintain the highest levels of fiscal transparency and look for new ways to make this information accessible to the residents we serve.
For more information about the award processes please see the GFOA website. You can check out the CAFR and the brief summary version at City Hall or online at the City website (www.cotaticity.org), under the Administrative Services Department.