Oakland County Racks Up Financial Reporting Awards

Oakland County has won the Award of Excellence for its Popular Annual Financial Report (PAFR) from the Government Finance Officers Association of the United States and Canada (GFOA) for 19 years running. The PAFR summarizes for taxpayers how the county spends their money. It is one of the ways County Executive L. Brooks Patterson’s administration works to make county government more transparent and accessible to residents.

“Excellence is a part of our culture in Oakland County government,” Patterson said. “In this case, our Fiscal Services Division has once again exceeded expectations in making the county more transparent to our residents.”

The GFOA gives the PAFR award based on reader appeal, understandability, creativity, and overall quality and usefulness of the report, among others. The GFOA established it to encourage local governments to produce a high quality PAFR based on their comprehensive annual financial report (CAFR) for individuals without a background in public finance.

The PAFR award follows Oakland County’s Award of Excellence for its Comprehensive Annual Financial Report (CAFR) which it won earlier this month for the 25th year in a row from the GFOA.

“Receiving the PAFR and CAFR awards for as many years in a row as Oakland County has is an indication of how exceptional the Fiscal Services staff is,” said Lynn Sonkiss, fiscal services division manager. “Our team does an excellent job to continue this award-winning tradition.”

To view the Fiscal 2015 PAFR, go to www.OakGov.com/fiscal, click on “Information & Publications” then “Oakland County 2015 Financial Summary.”



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