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89-136 i WHITE - C�TV CLERK PINK - FINANCE GITY OF SAINT PAUL Council CANARY - DEPARTMENT /'� BLUE - MAYOR File NO• .Council Resolution � � Presented By ''��" Referred To Committee: Date Out of Committee By Date WHEREAS, the Certificate of AQhievement for Exeellenee in Financial Reporti g Program was begun by the Government Finance Officers Association (GFOA) in 1945 to emphasize the belief that every governmenta unit should prepare and publish an easily understandable, C mprehensive Annual Finaneial Report (CAFR) eovering all of its funds and finaneial transactions during the year; and WHEREAS, the CAFR is a very detailed report that goes beyond the requirements of generally aceepted acoounting prinaiples; and WHEREAS, the Certifieate of Aahievement is the highest form of reeognition i the area of governmental finaneial reporting, and its attainment rQpresents a significant aeeomplishment by governmental units and its ma agement ; and WHEREAS, th City of Saint Paul received its first Certificate of Achievement in 1963 ; and WHEREAS, th City of Saint Paul has received an annual Certificate of A hievement since 1976 ; � NOW, THEREF RE, BE IT RESOLVED, that the City Couneil , on bebalf of the Ci y of Saint Paul, aeknowledges the receipt of the GFOA Certificate of A hievement Por 1987 ; and BE IT FINAL Y RESOLVED, that the City Couneil eommends the following staff, whose efforts were important and neeessary in order to receive the C rtifieate of Achievement : Jeanette Anderson; Elisabeth Atahis n; Robert Beikler; Joyce Bluel ; Kelly Bomersine; Susan Cantu; Wil iam Carroll , Jr. ; Ronald Christiansen; Dennis Davis ; James Elwood ; Ma garet Grant ; Corrine Haas; Dolores Johnson; Gregory Jorgense ; Jose Jovellana; Naney Larkey; Lori Lee ; Christine Meyer; Thomas Meyer; Ka hy Mohrland ; Sharon Petersot�; Richard Rupert ; Joan Rutten; Antoinette Sasso ; James Sehwartz ; Richard ; Seott ; Marlon Simonson; James Snyder; Ge rge Spliehal ; John Swanson; Elizabeth Tedeseo ; Marian Turley ; S r�eet Verma ; and Sharon Wolfe. COUNCIL MEMBERS Requested by Department of: Yeas Nays Dimond Long [n Favor Goswitz Rettman D B Scheibel A gai n s t Y Sonnen Wilson �� 2 6 ��$9 Form roved b Cit t rne Adopted by Council: Date c Certified Pass b cil S t BY � gy, A►pprov 1+lav : JQN � � 19�� Appro Mayo r issi to Council . � By ;_�-;:" ��: 1989 . �� 01M�iATOIt . � . . . .. � d►7EwrrWT�. DA'ROOr�E1E6� . . . . . �/�� ��� ±/'/�j-i�"� F�nance and Man�geme t Se ices ���� ���� �.�QO J�� � co�rt�cr n�psow o��ar�ra ox+�cron 3 � JameB Snyder �r�: 1� a�a�r aem�s owECron +�arr a.arc . • 'ilb{JTIFIO euoc+Eto�croR _ Finan , _ 298-. 118 �� . '- .� cr��r�v-' — . i �A� 1 ��a�Y ATTORN Y OffICE�F THE�IRECTOR ,. DEPARTMEi+fT OF FIMAt�E :t�ov�•cN«Ael«�c�1) ao�,NCn.�nEn�r: . . PIJ1tNMM6 COMMYSBION CNIL SERVICE 8810N 011TE M . - DATE�OUT .� . � ANALYSf � . P110NE.ND. . . 20tNNL#�OMN8810N - 18D EZb � .. . . . � . . . � � . . . STAf.F � � � GMRTSA � � - COMt+IETE AB IS� ADQl M�O.-aDDED* � RETU TO OONTA�'f . CONBTItiIENF: . . . . � . . � - . . �� � _WR AODi�1NF0. _FEEDlAd(ADDEO• . � DIBTfiK.T CAUNCIL � � � - � *EXPLANATION: . � . .�OqTS MM1YCM�{K�IGL OBJECTNE9 � � � . . . � � � '- . . . .. . . .. . .. �. � rfMlMfli AIO�LlM.NNIF�C�PE�I17111rTY(YYIq. Wha1.V1M118re�WhY): „ . _ Recognition of Accounting P rsonnel from the Accounting Divis�on and ot�er City Departments £or the City of Saint Paul obtaining the Certificate of Ac�ievement for ` Excellence fn Financial Rep rtin� for its 19$7 Comprehensive Annual Report. " ,�r�c�nai tcawe.n.Mr.�drene.a.•.�: _ ., The advantage of receiving he award on an on-goittg basis (this is the twelfttt co�[g+�cutive year) is the Gity maintains inancial ma.nagement integritg to Bond Raters and other interested parties. ;'OON�U61f3B(WM4 Wl+en.and To Wlhan): ,, , _ The reputation of quality ex ernal reporting �� creditability among boad raters and the rest of the financial co unity. This may have a positive ef€ect on interest rates. ��r+�rn�: , . � . c� � � JAN 18198� _ C1TY CLEKK . _ � _ �Y�: � : : JAN 17 ��89 - ��: NONE ,: :