District of Coldstream Wins Award for Financial Reporting

Tuesday, February 28, 2012

The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Canadian Award for Financial Reporting to the District of Coldstream for its annual financial report for the fiscal year ended December 31, 2010. The Canadian Award for Financial Reporting program was established to encourage municipal governments throughout Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports.

In order to be awarded a Canadian Award for Financial Reporting, a government unit must publish an easily readable and efficiently organized annual financial report, the contents of which conform to program standards. Such reports should go beyond the minimum requirements of generally accepted accounting principles and demonstrate an effort to clearly communicate the municipal government’s financial picture, enhance an understanding of financial reporting by municipal governments, and address user needs.

The award was presented to Trevor Seibel, Director of Financial Administration, at the February 27 Council meeting.

Mayor Jim Garlick noted that “Coldstream Council would like to recognize Trevor Seibel for his outstanding work in achieving this award for the District. We fully support Trevor in his efforts to better inform the public on our financial position and the operations of the District”.

Download the District’s 2010 Financial Report (PDF)

For further information, contact:

Trevor Seibel
Director of Financial Administration
District of Coldstream
Phone 250-545-5304
Email tseibel@district.coldstream.bc.ca

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