The City of Oakdale has been recognized for its exceptional financial reporting by the Government Finance Officers Association of the United States and Canada (GFOA). The City was awarded the Certificate of Achievement for Excellence in Financial Reporting for its annual comprehensive financial report for the fiscal year ending December 31, 2022.
"This award is a testament to the City of Oakdale's commitment to responsible financial management," said City Administrator Christina M. Volkers. "This award would not have been possible without the hard work and dedication of our Finance department. We are honored to receive this recognition from GFOA."
The GFOA's Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting. It is awarded to governments that demonstrate a "spirit of full disclosure" by clearly communicating their financial story and motivating potential users and user groups to read the report.