The Government Finance Officers Association of the United States and Canada (GFOA) has given Oakland County top honors for fiscal reporting for the 25th year in a row. GFOA bestowed the Certificate of Achievement for Excellence in Financial Reporting upon Oakland County for its Fiscal Year 2015 Comprehensive Annual Financial Report (CAFR). The CAFR discloses the county's finances in full detail to anyone who wants to review them, particularly those who seek to invest in Oakland … [Read more...]
Rochester Hills Recognized for Government Transparency
Rochester Hills, Michigan- The city was recently applauded for their transparency efforts, having released a brand new, resident-friendly Comprehensive Annual Financial Report (CAFR) that focuses on providing a clearer picture of the city’s financial status. The CAFR is meant to give citizens a better understanding of their local government's finances, although in its previous format it had the opposite effect. In an effort to shift the paradigm, the Government Finance Officers Association … [Read more...]