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Government Finance Officers Association <br /> 203 N.LaSalle Street-Suite 2700 <br /> Chicago, IL 60601 <br /> Phone(312)977-9700 Fax(312)977-4806 <br /> 11/29/2012 <br /> NEWS RELEASE <br /> For Information contact <br /> Stephen Gauthier (312)977-9700 <br /> (Chicago)--The Certificate of Achievement for Excellence in Financial Reporting has been <br /> awarded to City of Elk River by the Government Finance Officers Association of the United <br /> States and Canada(GFOA)for its comprehensive annual financial report(CAFR). The Certificate <br /> of Achievement is the highest form of recognition in the area of governmental accounting and <br /> financial reporting, and its attainment represents a significant accomplishment by a government <br /> and its management. <br /> An Award of Financial Reporting Achievement has been awarded to the individual(s), <br /> department or agency designated by the government as primarily responsible for preparing the <br /> award-winning CAFR. This has been presented to: <br /> Finance Department,City of Elk River <br /> The CAFR has been judged by an impartial panel to meet the high standards of the program <br /> including demonstrating a constructive"spirit of full disclosure" to clearly communicate its <br /> financial story and motivate potential users and user groups to read the CAFR <br /> The GFOA is a nonprofit professional association serving approximately 17,500 government <br /> finance professionals with offices in Chicago,IL, and Washington,D.C. <br />