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<br />Gb <br /> <br />Government Finance Officers Association <br />203 N. LaSalle Street - Suite 2700 <br />Chicago, IL 60601 <br /> <br />Phone (312) 977-9700 Fax (312) 977-4806 <br /> <br />November 8, 2006 <br /> <br />The Honorable Stephanie Klinzing <br />Mayor <br />City of Elk River <br />13065 Orono Parkway <br />Elk River MN 55330 <br /> <br />Dear Mayor Klinzing: <br /> <br />We are pleased to notify you that your comprehensive annual financial report for the fiscal year ended December 31,2005 <br />qualifies for a Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the <br />highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant <br />accomplishment by a government and its management. <br /> <br />The Certificate of Achievement plaque will be shipped to: <br /> <br />Lori Johnson <br />Finance Director <br /> <br />under separate cover in about eight weeks. We hope that you will arrange for a formal presentation of the Certificate and <br />Award of Financial Reporting Achievement, and that appropriate publicity will be given to this notable achievement. To <br />assist with this, enclosed are a sample news release and the Certificate Program "Results" for reports with fiscal years <br />ended during 2004 representing the most recent statistics available. <br /> <br />We hope that your example will encourage other government officials III their efforts to achieve and maintain an <br />appropriate standard of excellence in financial reporting. <br /> <br />Sincerely, <br />Government Finance Officers Association <br /> <br />jJ~J~ <br /> <br />Stephen J. Gauthier, Director <br /> <br />Technical Services Center <br /> <br />SJG/ds <br />