Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Napa the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2019. The CAFR has been judged by an impartial panel to meet the high 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 CAFR.
“I am grateful to the GFOA for the recognition, and very proud of our City of Napa staff for their tremendous work product and attention to detail,” says City Manager Steve Potter. “Fiscal transparency, proper use of public funds, and accurate reporting have long been of paramount importance to the City. This award reflects our staff’s hard work, ethics, and dedication to those priorities.”
As part of its fiscal transparency efforts, the City launched OpenGov, the leader in government performance management, in 2017. This platform allows the City to make smarter, data-driven decisions and achieve greater transparency to the community.
The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.
The City of Napa has been granted the Certificate of Excellence in Financial Reporting for the past six years.