The Government Finance Officers Association (GFOA) has awarded Cottonwood Heights with its Certificate of Achievement for Excellence in Financial Reporting.
The GFOA citation states that the award 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.” This award is based on the Comprehensive Annual Financial Report (CAFR) prepared each year by Cottonwood Heights.
Cottonwood Heights has received this award for every CAFR prepared, over the past 4 years.
Individual recognition of Financial Reporting Achievement is awarded to the individual primarily responsible for preparing the award-winning CAFR. Cottonwood Heights Treasurer/Financial Reporting Manager David Muir is primarily instrumental in the preparation of the City’s annual financial report. The latest award presented to Muir is for his efforts in preparation of the CAFR.
The City congratulates David Muir for his diligence and efforts in annual financial reporting for the City. The CAFR is judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate the city’s financial story.