The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Lafayette by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (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 is not given lightly, and applicants do not ‘purchase’ their designation," said Steve McFarland, Lafayette Finance Director. "Earning this recognition helps us to communicate to our constituents that we’re complying with the highest standards in financial reporting."
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals.