For the past 18 years, the City of Noblesville has been recognized for its achievements in financial reporting, and this year is no different.
The city recently was awarded the Certificate of Achievement for Excellence in Financial Reporting for comprehensive annual financial report.
The award is presented annually by the Government Finance Officers Association of the United States and Canada. It is the highest form of recognition in the area of governmental accounting and financial reporting.
“The city received its first recognition in 1988,” Mayor John Ditslear stated. “I want to thank former clerk-treasurer Janet S. Jaros and O.W. Krohn and Associates for helping to build the tradition started in 1999 and continued to this day by subsequent controllers Mike Hendricks and Jeff Spalding.”
A city’s comprehensive financial annual report is judged by a panel to meet the high standards of the program, which focuses on clear communication
“The (annual report) is a fair and accurate reporting of how much money the city has and its major financial obligations,” Spalding stated. “It provides transparency to financial markets and prospective developers and exists mainly to better position the city to attract private investment.”
For more, visit cityofnoblesville.org.