City Of Shakopee Earns Prestigious Government Accounting Honor

Shakopee MN

21 March, 2022

6:21 PM

Description

Press release from the City of Shakopee: March 21, 2022 For the 36th consecutive year, the City of Shakopee has been awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the U.S. and Canada (GFOA). The GFOA is a nonprofit association serving more than 21,000 government finance professionals. 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 city received this honor for its 2020 annual comprehensive financial report, which was judged by an impartial panel to meet the high standards of GFOA's program. "We are proud to have received the GFOA Certificate of Achievement," said City of Shakopee Finance Director Nathan Reinhardt. "This is a tremendous accomplishment for our City Council and dedicated City Staff who work diligently to ensure the City's strong financial position is represented accurately and completely." Reinhardt serves as the president-elect of the Minnesota GFOA, whose mission is to promote excellence and leadership in government finance by providing quality educational opportunities and upholding professional and ethical standards. "Participation in the GFOA program enhances our citizens' understanding of Shakopee finances and demonstrates our commitment to financial transparency by sharing information consistent with the highest standards in governmental financial reporting," Reinhardt said. To view the City of Shakopee's financial report for 2020 and previous years, visit www.ShakopeeMN.gov/budget. This press release was produced by the City of Shakopee. The views expressed here are the author's own.