Berkley Receives National Recognition for 2012 Budget
The Government Finance Officers Association gives the city its Distinguished Budget Presentation Award for completing Berkley's first Comprehensive Annual Financial Report.
Berkley recently received a national award from the Government Finance Officers Association for its 2012 budget. The city received the GFOA's Distinguished Budget Presentation Award for completing its first Comprehensive Annual Financial Report, a more in-depth accounting of the city's finances than has been delivered in past years. “The award represents the City of Berkley’s commitment to meeting the highest principles of governmental budgeting,” said Stephen Gauthier, a spokesman for the GFOA, a nonprofit association serving more than 17,500 government finance professionals throughout North America. "It really ... puts you in a different league when you prepare a CAFR," Plante & Moran partner Beth Bialy said Nov. 19 when she presented a …
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Walter Burien
10:09 am on Tuesday, December 18, 2012
It is a good thing that the Berkley won the GFOA.org award. Noted is that it is a good thing also if the public carefully reviews the city, county, school district, and state CAFRs also. Gerald Klatt a 30-year Federal auditor did many CAFR reviews - http://CAFRMan.com Up until 1999 the local government CAFRs showed the "gross" standing balances of income and investment fund balances. Then with … more ›