The City of Menifee is proud to announce that its Finance Department has been honored with the prestigious "Certificate of Achievement for Excellence in Financial Reporting" by the Government Finance Officers Association (GFOA). This marks the 12th consecutive year the finance team has received this honor and highlights the City's commitment to fiscal responsibility in managing its financial operations.
The Certificate of Achievement for Excellence in Financial Reporting was awarded for Menifee’s annual comprehensive financial report. The report was judged by an impartial panel to meet the program's high standards, which include demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and encourage readership. According to the GFOA, the Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
“Our finance team’s dedication and hard work does not go unrecognized, and this award is a true testament to their commitment to public transparency,” said City Manager Armando G. Villa. “We remain steadfast in our mission to ensure proper management of our City’s finances to enhance the quality of life for our residents and to continue our efforts to make Menifee an even better place to live, work, and thrive.”
The GFOA is a widely acknowledged organization that identifies exceptional financial reporting methods among municipalities across the nation. Established in 1906, the GFOA represents public finance professionals across the United States and Canada. With over 20,000 members consisting of federal, state/provincial, and local finance officials, they play integral roles in the planning, funding, and execution of numerous governmental activities within their respective areas. The primary goal of the GFOA is to promote the highest standards of quality in public finance.
For more information about Menifee’s Finance Department and to see the City’s Comprehensive Annual Financial Report, please visit www.cityofmenifee.us/Finance.