Information #1 12-11-06
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Government Finance Officers Association
203 N. LaSalle Street - Suite 2700
Chicago, IL 60601
Phone (312) 977-9700 Fax (312) 977-4806
November 8, 2006
The Honorable Stephanie Klinzing
Mayor
City of Elk River
13065 Orono Parkway
Elk River MN 55330
Dear Mayor Klinzing:
We are pleased to notify you that your comprehensive annual financial report for the fiscal year ended December 31,2005
qualifies for a Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the
highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant
accomplishment by a government and its management.
The Certificate of Achievement plaque will be shipped to:
Lori Johnson
Finance Director
under separate cover in about eight weeks. We hope that you will arrange for a formal presentation of the Certificate and
Award of Financial Reporting Achievement, and that appropriate publicity will be given to this notable achievement. To
assist with this, enclosed are a sample news release and the Certificate Program "Results" for reports with fiscal years
ended during 2004 representing the most recent statistics available.
We hope that your example will encourage other government officials III their efforts to achieve and maintain an
appropriate standard of excellence in financial reporting.
Sincerely,
Government Finance Officers Association
jJ~J~
Stephen J. Gauthier, Director
Technical Services Center
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Government Finance Officers Association
203 N. LaSalle Street - Suite 2700
Chicago, IL 60601
Phone (312) 977-9700 Fax (312) 977-4806
11/08/2006
NEWS RELEASE
F or Information contact:
Stephen Gauthier (312) 977-9700
(Chicago )-- The Certificate of Achievement for Excellence in Financial Reporting has Qeen
awarded to City of Elk River by the Government Finance Officers Association of the United
States and Canada (GFOA) for its comprehensive annual financial report (CAFR). The Certificate
of Achieveme.nt is the highest form of recognition in the area of governmental accounting and
financial reporting, and its attainment represents a significant accomplishment by a government
and its management.
An Award of Financial Reporting Achievement has been awarded to the individual(s),
department or agency designated by the government as primarily responsible for preparing the
award-winning CAFR. This has been presented to:
Finance Department, City of Elk River
The CAFR has been judged by an impartial panel to meet the high standards ofthe program
including demonstrating a constructive "spirit of full disclosure" to clearly communicate its
financial story and motivate potential users and user groups to read the CAFR.
The GFOA is a nonprofit professional association serving approximately 16,000 government
finance professionals with offices in Chicago, IL, and Washington, D.C.