On the current Metropolis Council assembly this month town’s Finance Division was acknowledged for being awarded an official “Certificates of Achievement in Monetary Reporting” by the Authorities Finance Officers Affiliation (GFOA), a nationwide oversight company with the mission of advancing excellence in public finance.
This Certificates of Achievement is the best type of recognition within the space of governmental accounting and monetary reporting, and its attainment represents a major accomplishment by native authorities and its administration. The precise foundation for this award was the excellent annual monetary report (CAFR) for the fiscal 12 months ending June 30, 2019. The CAFR has been judged by an neutral panel to fulfill the excessive requirements of this system, which incorporates demonstrating a constructive “spirit of full disclosure” to obviously talk its monetary story with complete transparency.
The GFOA group is comprised of public finance officers all through the US and Canada. The Affiliation’s greater than 20,000 members are federal, state/provincial, and native finance officers deeply concerned in planning, financing, and implementing hundreds of governmental operations. Two of their precept targets are to establish rules of financial system and effectivity in authorities, and to develop and encourage using uniform requirements and procedures.
The Division Director for the Metropolis of Colton is Stacey Dabbs, who has been with the Metropolis since March 2015. She leads a Division that features 4 divisions; Finance Administration, Info Providers, Buyer Providers (Utility Billing), and Buying. The finance division is the one that’s most instantly concerned within the upkeep and growth of all monetary paperwork pertaining to the Metropolis, together with the CAFR. The people concerned are Stacey Dabbs, Finance Director; Paula Majors, Finance Supervisor; Katherine Myers, Senior Accountant; Theresa Jallorina, Contract Accountant; Lisa Hunt, Account Technician II; Brandon Norris, Account Technician II; Lisa Villa, Payroll Technician II; Michelle Althesier, Payroll Analyst; and Kenneth Jang, Accountant. Director Stacey Dabbs displays on her workforce saying, “The Finance Administration Division is an excellent workforce of proficient and devoted professionals. Our power is in our dedication to serving the neighborhood and our colleagues.”
The Metropolis of Colton is lucky to have such a proficient award-winning Finance workforce to maintain our metropolis fiscally sound. We’ve a tremendous workforce of Finance professionals and have developed fiscal and reserve insurance policies below the management of Director Dabbs, which subsequently have been adopted by the Metropolis Council. Consequently, the Basic Fund funds has been balanced, and the Metropolis is working diligently to make sure all fiscal obligations, each present and future, are addressed, thus making certain the long-term monetary well being of the Metropolis. Congratulations to our Metropolis Finance Division for an award recognition well-deserved.
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