City Finance Department Honored

The City of Capitola is proud to announce that its Finance Department has been awarded the Certificate for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA). The Certificate of Achievement is the highest form of recognition for governmental accounting and financial reporting.

The honor is awarded following a panel review of the City’s comprehensive annual financial report. The panel looks for a constructive “spirit of full disclosure” to communicate clearly financial status to all who read and use the report.

A formal presentation of the certificate by GFAO to City officials is pending. This is the first time the City’s Finance Department has achieved this level of recognition from the organization.