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LTC 645-2019 Government Finance Officers Association (GFOA) Award of Financial Reporting Achievement for the City's Comprehensive Annual Financial Reporting (CAFR) for the Fiscal Year Ended September 30, 20MIAMI BEACH OFFICE OF THE CITY MANAGER LTC# 645-2019 LETTER TO COMMISSION TO: Mayor Dan Gelber and Members FROM: Jimmy L. Morales, City Manager¥ DATE: December 13, 2019 SUBJECT: Government Finance Officers Aj;sociation (GFOA) Award of Financial Reporting Achievement for the City's Co rehensive Annual Financial Reporting (CAFR) for the Fiscal Year Ended September 30, 2018 The purpose of this Letter to Commission (L TC) is to inform the Mayor and Commission that the City has received the Award of Financial Reporting Achievement and presented a Certificate of Achievement for Excellence in Financial Reporting for the preparation of the City's Comprehensive Annual Financial Report (CAFR) for the Fiscal Year Ended September 30, 2018. This Certificate of Achievement for Excellence in Financial Reporting was awarded by the Government Finance Officers Association of the United States and Canada (GFOA). 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. The award of Financial Reporting Achievement was awarded to the Finance Department, City of Miami Beach, for preparing the award-winning CAFR. This is the thirty first (32%) consecutive year that the City has received this prestigious award. Please join me in recognizing the Finance Department Staff for all their work on this report. This award would not be possible without them. JLM/J~W/RQ toes.a72> @ GOVERNMENT FINANCE OFFICERS ASSOCIATION N EW S RE LE A SE FOR IMMEDIATE RELEASE 12/09/2019 For more information contact: Michele Mark Levine, Director/TSC Phone: (312) 977-9700 Fax: (312) 977-4806 E-mail: mlevine@gfoa.org (Ch icago, Illinois)--Th e C ertificat e of Achievem ent fo r Excellence in Financial Reporting has been awarded to City of Miami Beach by Govern m ent Finance Offi cers Association of the United States and Canada (G FO A ) fo r its com prehensive annual financial report (C A FR). The Certificate of Achievem ent is the highest fo rm of recognition in the area of govern m ental accounting and financial reporting, and its attainm ent represents a significant accom plishm ent by a govern m ent and its m anagem ent. An Award of Financial Reporting Achievem ent has been awarded to the individual(s) or departm e nt designated by the govern m ent as prim arily responsible fo r preparing the award-w inning CAFR. T he CA FR has been judged by an im partial panel to m eet the high standards of the program , which includes dem onstra ting a constru ctive "spirit of fu ll disclosure" to clearly com m unicate its financial story and m otivate potential users and user gro ups to read the CAFR. Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 members and the communities they serve. 203 NORTH LASALLE STREET, SUITE 2700, CHICAGO, ILLINOIS 60601-1210 G ov ern m en t F in ance O ffi cers A ssociation Certificate of Achievement for Excellence in Financial R eporting Presented to City of Miami Beach Florida For its Comprehensive Annual Financial Report for the Fiscal Y ear Ended Sep tem b er 30, 2018 Executive Director/CEO The Government Finance Officers Association of the United States and Canada @ presents this AWARD OF FINANCIAL REPORTING ACHIEVEMENT to Finance Department City of Miami Beach, Florida The award of Financial Reporting Achievement is presented by the Government Finance Officers Association to the individual(s) designated as instrumental in their government unit achieving a Certificate of Achievement for Excellence in Financial Reporting. A Certificate of Achievement is presented to those government units whose annual financial reports are judged to adhere to program standards and represents the highest award in government financial reporting. Executive Director Ck.tea, PM Date December 9, 2019