The Metropolis of Sand Springs continued to be acknowledged for Excellence in Monetary Reporting Achievement from the Authorities Finance Officers Affiliation on Monday.
Honored within the Licensed Annual Monetary Report, this marked the 30th consecutive 12 months for the Metropolis of Sand Springs’ Finance Division has acquired this honor. The Metropolis is being acknowledged for the monetary report for the 12 months ending June 2019. The CAFR experiences are judged by GFAO, utilizing an neutral panel to fulfill the excessive requirements of this system, which incorporates demonstrating a constructive “spirit of full disclosure” to obviously talk the Metropolis’s monetary story, and inspire customers to learn and perceive the CAFR.
“We’re honored to obtain this prestigious award for the 30th consecutive 12 months,” mentioned Kelly Lamberson, Metropolis Finance Director. “Sand Springs has an extended historical past of monetary reporting excellence and we’re joyful to proceed this custom. This award is made doable by the diligence and dedication of your complete finance division and the nice assist of our Metropolis Council.”
The present CAFR could be considered by visiting the Metropolis’s web site. Annually the Metropolis produces two monetary experiences, the CAFR (which is an audited depiction of the Metropolis of Sand Springs’ monetary place) and the PAFR (Fashionable Annual Monetary Report). The Fashionable Annual Monetary Report will likely be launched in early 2021 and gives temporary, descriptive details about the Metropolis’s actions, neighborhood milestones, organizational construction and monetary data.