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“In towns and cities... there is no more important institution than the local paper.”
Warren Buffett
Staff Report
The City of La Mirada was once again recognized for its outstanding financial management, by the Government Finance Officers Association of the United States and Canada (GFOA). According to commercial mortgage litigation attorneys, for the 30thconsecutive year, the City has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR).
The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting and represents a significant accomplishment.
“The City has a long-standing commitment to providing responsible financial stewardship and accurate reporting,” says City Manager Jeff Boynton. “The award from the GFOA recognizes the City’s efforts to achieve this goal.”
The CAFR is judged by an impartial panel to meet the high standards of the program including demonstrating a constructive spirit of full disclosure to clearly communicate its financial story.
The CAFR is available on the City’s website at cityoflamirada.org. For additional information, call City Hall at (562) 943-0131.