City receives 16th Canadian Award for Financial Reporting
The City of Saskatoon has again, received the Canadian Award for Financial Reporting (CAnFR) from the Government Finance Officers Association (GFOA) of the United States and Canada.
The CAnFR award, presented for the City’s 2022 Annual Report, represents a significant accomplishment for municipal government and its financial management. The award recognizes the City’s commitment to high standards and excellence in financial transparency and accountability.
“We are proud to receive our 16th CAnFR award and to be recognized as a municipal leader that produces high-quality financial reports year after year,” says Kari Smith, Director of Finance. “Our experienced and conscientious financial teams are committed to strengthening relationships, building trust and to the careful stewardship of taxpayer dollars. We prepare transparent financial reporting to clearly communicate the City’s full financial picture.”
The Canadian Award for Excellence in Financial Reporting Program (CanFR) was established to encourage municipal governments across Canada to publish high-quality, easily readable financial reports and to provide peer recognition and technical guidance for officials preparing these reports. The attainment of this award represents a significant accomplishment by a government and its management.
The City’s 2022 Annual Report, after undergoing an intensive review process, was judged by impartial Canadian Review Committee members to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” designed to clearly communicate the municipality’s financial story and to motivate potential users and user groups to read the report.
Visit saskatoon.ca/finance for additional financial reports from the City of Saskatoon.