The city of Carpinteria’s Administrative Services Department has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA).
The honor is in recognition of the city’s Annual Comprehensive Financial Report for the fiscal year ended June 30, 2024.
The national award highlights the city’s ongoing commitment to transparency, accountability, and high-quality financial management.
“This award reflects the commitment of the entire City organization to maintaining the public’s trust through careful stewardship of taxpayer dollars,” said City Manager Michael Ramirez.
“Our Administrative Services Department sets a high standard for accuracy and transparency, and this recognition underscores the importance of collaboration across all departments to achieve that excellence,” he said.
“I am incredibly proud of our team for their dedication to producing financial reports that are both thorough and accessible,” said Licette Maldonado, Administrative Services director.
“Clear reporting helps the public understand exactly how their resources are being managed, and this award reflects of our ongoing effort to make financial information transparent and meaningful for our community,” Maldonado said.
The COA is the highest form of recognition in governmental accounting. It recognizes agencies that go above and beyond in producing clear, thorough and accessible financial reports.
Reports submitted for consideration are evaluated by an independent panel, which ensures they meet stringent standards, including full disclosure, accuracy, and adherence to generally accepted accounting principles (GAAP) and applicable legal requirements.
To qualify, local governments must submit their annual report within six months of fiscal year-end, and the evaluation process takes an additional four to six months.
Learn more about the COA award at www.gfoa.org/coa-award.
Carpinteria’s Annual Comprehensive Financial Report is available on the city’s website here.