NEW ROCHELLE, NY -- The Certificate of Achievement for Excellence in Financial Reporting (CAFR) has been awarded to the City of New Rochelle by the Government Finance Officers Association (GFOA) of the United States and Canada for its Fiscal Year 2011 financial report. This is the twenty-second consecutive year New Rochelle has received the award, the highest form of recognition in the area of government accounting and financial reporting.
“We commend our Finance Department for once again receiving such a distinguished honor,” said City Manager Charles Strome. “This award is a tribute to their professionalism and integrity.” Finance Commissioner Howard Rattner noted, “The Certificate of Achievement recognizes the fine work of our entire staff.”
The GFOA is a nonprofit association serving approximately 17,500 government finance professionals with offices in Chicago, Illinois and Washington, D.C. The CAFR has been judged by an impartial panel to meet the high standards of the program, including 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 CAFR can be found on the City’s website www.newrochelleny.com, at the City Clerk’s office in City Hall, or in the New Rochelle Public Library.