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SCVNews.com | City Wins Awards for Investment Policy, Financial Reporting | 09-26-2016
Santa Clarita CA
Today in
S.C.V. History
May 22
1865 - Discoverer Ramon Perea and partner sell Pico Canyon oil claim to Edward Beale & Robert Baker for $300 [story]

citydollarsignThe City of Santa Clarita has received the Certificate of Excellence Award from the Association of Public Treasurers of United States and Canada for its Fiscal Year 2016-17 Investment Policy and the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2014-15.

This year marks the 22nd consecutive year that the City has received the nationally recognized Certificate of Excellence Award from the Association of Public Treasurers of United States and Canada for its success in developing a comprehensive written investment policy.

Investment policies may receive certification from the Investment Policy Certification Committee if all areas from The Model Investment Policy are addressed. This policy includes elements the Association of Public Treasurers of United States and Canada deems essential to a written investment policy such as Policy, Scope, Delegation of Authority, Ethics and Conflicts of Interest.

The Certificate of Achievement from the Government Finance Officers Association of the United States and Canada is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. This is the 27th consecutive year the City has received this prestigious award for its Comprehensive Annual Financial Report (CAFR).

For more information about the awards received or the City’s Finance division, please visit santa-clarita.com or contact Lance O’Keefe of the City’s Administration division at lokeefe@santa-clarita.com  or by phone at (661) 255-4960.


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