City of Saskatoon awarded 14th consecutive financial reporting award
For the 14th consecutive year, the City of Saskatoon has won 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 2020 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 committed to financial transparency and openly communicating to the citizens of Saskatoon with full disclosure in our annual reporting,” says Kari Smith, Director of Finance. “We are proud to receive this award and proud of our employees who are dedicated to making the City of Saskatoon a leader in producing high-quality financial reports year after year.”
The City’s 2020 Annual Report has been 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.
The Canadian Award for Excellence in Financial Reporting Program (CAnFR) was established to encourage municipal governments across Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports.
Visit saskatoon.ca to view additional financial reports from the City of Saskatoon.