The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Mexico by the Government Finance Officers Association of the United States and Canada for its comprehensive annual financial reports (CAFR). This year marks the 22nd consecutive year the award has been bestowed upon the City of Mexico and its financial department.
The Certificate of Achievement 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.
The award of Financial Reporting Achievement was awarded to the City of Mexico's administrative services director Roger Haynes and the department responsible for preparing the award-winning CAFR. Haynes has been employed as the city's financial director since 1995. His title currently includes deputy city manager.
"Personally, it says a lot about their dedication, job knowledge and skills when it comes down to doing financial reporting. It's certainly an accomplishment and says a lot about their financial and accounting skills for the city," Mexico City Manager Bruce Slagle said. The award mentions Haynes as the lead recipient of the award, but Slagle said the award "is a city and full department award."
The CAFR has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
The GFOA is a non-profit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington, D.C.