Los Al awarded Certificate of Excellence in financial reporting

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Courtesy file photo Pictured (L-R) Mayor Pro-tem Shelley Hasselbrink, Council member Tricia Murphy, Finance Director Craig Koehler Mayor Jordan Nefudla, Council members Emily Hibard and Tanya Doby during awards ceremony. Audit questions reveal policy development is still ongoing within the department.

The City Council was pleased to recognize Finance Director Craig Koehler at its Council meeting on January 16, 2024, for receiving the Certificate of Achievement for Excellence in Financial Reporting, the city of Los Alamitos has announced in a press release.
The Government Finance Officers Association of the United States and Canada (GFOA) recognized the City of Los Alamitos for Excellence in Financial Reporting for our annual comprehensive financial report for the fiscal year that ended on June 30, 2022, according to the city.

A GFOA impartial panel judged the report to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate the City’s financial story and motivate potential users and user groups to read the report, it said.

The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting. This represents a significant accomplishment by the City of Los Alamitos, its management team, and the Finance Department.
Mayor Jordan Nefulda states “I would like to acknowledge the Finance Department for their continued success and appreciate the tremendous work put into our City’s financial reporting.”