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Shaker Heights City News

Posted on: April 8, 2022

Shaker Heights Earns Top Recognition for Financial Reporting

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The Government Finance Officers Association has awarded the City of Shaker Heights the Certificate of Achievement for Excellence in Financial Reporting. The City earned the recognition for its Comprehensive Annual Financial Report for the fiscal year ending December 31, 2020.

The Certificate of Achievement represents the Government Finance Officers Association’s top honor in the area of government accounting and financial reporting. The judging panel noted that the City’s Comprehensive Annual Financial Report demonstrated a "constructive 'spirit of full disclosure' to clearly communicate its financial story and motivate potential users and user groups to read the report."

The 2020 award marks the 15th straight year the City has earned a Certificate of Achievement.

The Government Finance Officers Association (GFOA), founded in 1906, represents public finance officials and has more than 20,000 members throughout the United States and Canada.

For more information, contact Finance Director John Potts at 216-491-1423 or johnpotts@shakeronline.com.

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