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The original item was published from 1/25/2023 2:52:07 PM to 2/5/2023 12:00:00 AM.

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Posted on: January 25, 2023

[ARCHIVED] Financial Services Earns GFOA's Certificate of Achievement for Excellence in Financial Reporting

Certificate of Achievement

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Las Cruces Financial Services Department the Certificate of Achievement for Excellence in Financial Reporting for its annual comprehensive financial report for the fiscal year that ended June 30, 2021.
 
 The report was judged by an impartial panel to meet the highest standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the report.
 
 "The preparation of the ACFR could not have been accomplished without the efficient and dedicated service of a highly qualified staff in the Financial Services Department," said Josie Trevino, Comptroller for the Financial Services Department. "I would like to thank all personnel who helped and contributed to the preparation of this report."
 
 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. The audit report was prepared by the Accounting and Treasury programs in accordance with the City Charter Section 5.09 and with the principles and standards for financial reporting set forth by the Governmental Accounting Standards Board (GASB).
 
As of 2021, the City of Las Cruces has been presented with 18 consecutive Certificate of Achievement for Excellence in Financial Reporting (ACFR) awards, nine consecutive Popular Annual Financial Reporting (PAFR) awards, and 21 consecutive Distinguished Budget Presentation Awards. In recognition of this accomplishment, the GFOA has awarded to the City the special Triple Crown medallion.

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