To provide the financial services necessary to meet our customer's requirements
and keep them informed, and at the same time maximize the growth of their assets
and minimize risk of the loss of the assets they have entrusted to us.
Process, record, and report all transactions in a timely and accurate manner using
sound business practices and methods. In performing our mission, we will maintain
a well trained staff and utilize the tools provided by the City to their greatest
advantage.
The Government Finance Officers Association of the United States and Canada (GFOA)
awarded a Certificate of Achievement for Excellence in Financial Reporting to the
City of Independence for its Comprehensive Annual Financial Report for the fiscal
year ended June 30, 2007. In order to be awarded a Certificate of Achievement, a
governmental unit must publish an easily readable, efficiently organized comprehensive
annual financial report, the contents of which conform to program standards. Such
reports must satisfy both generally accepted accounting principles and applicable
legal requirements. A Certificate of Achievement is valid for a period of one year
only. We believe our current CAFR continues to conform to the Certificate of Achievement
Program requirements and we are submitting it to the GFOA to determine its eligibility
for another certificate.
The City is also the recipient of GFOA's Award for Distinguished Budget Presentation
for its annual budget for the fiscal year beginning July 1, 2007. In order to receive
this award, a governmental unit must publish a budget document that meets program
criteria as a policy document, as an operations guide, as a financial plan and as
a communications medium. This award is valid for a period of one year only. We believe
our current budget continues to conform to program requirements, and we are submitting
it to GFOA to determine its eligibility for another award.
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