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GOVERNMENT FINANCE <br /> OFFICERS ASSOCIATION <br /> <br /> 180 No~h Michigan Avenue, Suite 800, Chicago, Illinois 60601 <br /> 312/977-9700 o Fax: 312/977-4806 <br /> <br /> December 29, 1995 <br /> <br /> NEWS RELEASE For information contact: <br /> Stephen Gauthier (312) 977-9700 <br /> (Chicago)--The Certificate of Achievement for Excellence in Finan- <br /> cial Reporting has been awarded to: <br /> <br /> CITY OF ELK RIVER <br /> <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 /> <br /> An Award of Financial Reporting Achievement has been awarded <br /> <br /> to the individual designated as primarily responsible for <br /> <br /> preparing the award-winning CAFR. This has been presented to: <br /> LORI JOHNSON, FINANCE DIRECTOR <br /> <br /> The CAFR has been judged by an impartial panel to meet the <br /> <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 /> <br /> The GFOA is a nonprofit professional association serving <br /> <br />12,625 government finance professionals with offices in Chicago, <br />Illinois, and Washington, D.C. <br /> <br />- 30 - <br /> <br />WASHINGTON OFFICE <br />1750 K Street, N.W., Suite 200, Washington, D.C. 20008 <br />202/466-2750 · Fax: 202/429-2755 <br /> <br /> <br />