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<br />Awards and Acknowledgements <br /> <br />The Government Finance Officers Association (GFOA) awarded a Certificate of <br />Achievement for Excellence in Financial Reporting to the City for its comprehensive annual <br />financial report for the fiscal year ended September 30, 2007. This was the twenty-seventh <br />consecutive year that the City has received this prestigious award. In order to be awarded a <br />Certificate of Achievement, the City published an easily readable and efficiently organized <br />comprehensive annual financial report. This report satisfied both generally accepted <br />accounting principles and applicable legal requirements. <br /> <br />A Certificate of Achievement is valid for a period of one year only. We believe that our <br />current comprehensive annual financial report continues to meet the Certificate of <br />Achievement Program's requirements and we are submitting it to the GFOA to determine its <br />eligibility for another certificate. <br /> <br />In addition, the government also received the GFOA's Distinguished Budget Award for its <br />annual budget document. In order to qualify for the Distinguished Budget Presentation <br />Award, the government's budget document was judged to be proficient in several categories, <br />including as a policy document, a financial plan, an operations guide and a communications <br />device. <br /> <br />The preparation of this report would not have been possible without the efficient and <br />dedicated services of the entire staff of the finance and administration department. We <br />would like to express our appreciation to all members of the department who assisted and <br />con' e 0 the preparation of this report. Credit also must be given to the mayor and city <br />c cil for heir unfailing support for maintaining the highest standards of professionalism in <br />e m ment of the City of La Porte's finances. <br /> <br /> <br />~t~f!k <br /> <br />Director of Finance;PA t:J' r <br /> <br />8 <br />