Thursday, March 1, 2012

District of Coldstream Wins Award for Financial Reporting

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.
Trevor Seibel and Mayor GarlickIn 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”.

For further information, contact:

Trevor Seibel
Director of Financial Administration
District of Coldstream
Phone 250-545-5304


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I have been a resident of Coldstream since 1976. I have had 15 years of experience on Council, 3 years as Mayor. As a current Councillor I am working to achieve fair water and sewer rates and to ensure that taxpayers get fair treatment. The current direction regarding water supply is unsustainable and I am doing all I can to get the most cost effective water supply possible.