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• GOVERNMENTfINANCE <br />OFFICERS ASSOCIATION <br />180 North Michigan Avenue, Suite 800. Chicago, Illinois 60601 <br />312/977-9700 • Fax: 312/977-4806 <br />January 9, 1995 <br />NEWS RELEASE <br />For information contact: <br />Stephen Gauthier (312) 977-9700 <br />(Chicago)--The Certificate of Achievement for Excellence in Finan- <br />cal Reporting has been awarded to: <br />CITY OF ELK RIVER <br />by the Government Finance Officers Association of the United States <br />and Canada (GFOA) for its comprehensive annual financial report <br />(CAFR). The Certificate of Achievement is the highest form of <br />recognition in the area of governmental accounting and finan- <br />cial reporting, and its attainment represents a significant <br />• accomplishment by a government and its management. <br />An Award of .Financial Reporting Achievement has been awarded <br />to the individual designated as primarily responsible for <br />preparing the award-winning CAFR. This has been presented to: <br />LORI JOHNSON, FINANCE DIRECTOR <br />The CAFR has been judged by an impartial panel to meet the <br />high standards of the program including demonstrating a construc- <br />tive "spirit of full. disclosure" to .clearly communicate its <br />.financial story and motivate potential users and user groups <br />to read the CAFR. <br />The GFOA is a nonprofit professional association serving <br />12,625 government finance professionals with offices in Chicago, <br />• Illinois, and Washington, D.C. <br />- 30 - <br />WASHINGTON OFFICE <br />1750 K Street, N.W., Suite 650, Washington, DC 20006 <br />202/429-2750 • Fax:202/429-2755 <br />