Mayor Andy Adams (far left) and City Manager Deborah Sargent (far right) present the 2019 Canadian Award for Financial Reporting to the city’s finance and communications staff (from left to right) Julie Douglas, Dennis Brodie and Alaina Maher, at a recent public meeting. Photo by Mike Davies/Campbell River Mirror

City of Campbell River receives another national financial reporting award

Award ‘recognizes excellence in government accounting and financial reporting,’ Mayor says

The City of Campbell River has once again been recognized for its financial reporting practices.

At the most recent meeting of council, Mayor Andy Adams presented the 2019 Canadian Award for Financial Reporting to the city’s finance and communications staff. The award was established by the Government Finance Officers Association of the United States and Canada (GFOA) “to encourage municipal governments throughout Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports,” and the awarding of the recognition “represents a significant accomplishment by a government and its management.”

Adams says the fact that Campbell River has been recognized with this award yet again shows that the city continues to be transparent and open with its finances.

“This award recognizes excellence in government accounting and financial reporting and represents a significant accomplishment for the city and our staff, in particular,” Adams says. “Staff published a high-quality report that demonstrates a constructive spirit of full disclosure that clearly communicates the city’s financial story.”

Adams has previously said that he credits the changes the city made to its financial planning structure as the major reason it is recognized in this way.

“The award acknowledges the progressive changes we have made in moving our financial planning meetings ahead (from February to December), moving from a five to a 10-year financial plan and establishing a sound reserve policy that meets our capital asset planning needs for the future,” he said when the city won its first such honour for the budget council passed in December of 2015.

This year’s award is for the financial reporting of the plan that was approved in December of 2017.



miked@campbellrivermirror.com

Like us on Facebook and follow us on Twitter

Just Posted

Drums were heard along Dogwood St. in Campbell River today, as a group marched around the city in recognition of National Indigenous Peoples Day. Photo by Sean Feagan / Campbell River Mirror
PHOTO: Marching for National Indigenous Peoples Day

Event celebrates heritage, cultures and achievements of First Nations, Inuit and Métis people.

Police are looking for information regarding several vehicles being vandalized with blue-grey spray paint over the early morning of June 20. Photo courtesy Garrett Lee
Police looking for suspect in vehicle spray paintings

In totral, 17 vehicles spray painted over early hours of June 20

FILE – Perry Bellegarde, National Chief of the Assembly of First Nations, takes part in an event on Parliament Hill in Ottawa on Tuesday, July 7, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Indigenous Peoples Day must be a ‘call to action’, says Assembly of First Nations chief

Discovery of children at Kamloops residential school site must lead to change, Perry Bellegarde says

Several vehicles were vandalized around Rockport with blue spray paint on the night of June 19 or morning of June 20. Photo courtesy Garrett Lee
Vandal spray paints multiple vehicles around Rockland

Residents discover lines of blue spray paint on vehicles morning of June 20.

Kaleb Robertson at bat during the 18UAAA North Island Cubs season opener against the Cowichan Valley Mustangs on June 19, 2021. Photo by Sean Feagan / Black Press Media.
PHOTOS: Minor baseball players and fans welcome return to play

18UAAA Cubs start regular season action after long wait with convincing win against Mustangs

The border crossing into the United States is seen during the COVID-19 pandemic in Lacolle, Que. on February 12, 2021. THE CANADIAN PRESS/Paul Chiasson
VIDEO: Border quarantine to soon lift for fully vaccinated Canadians

Eligible travellers must still take multiple COVID-19 tests

Skeena MLA Ellis Ross. (Photo by Peter Versteege)
BC Liberal leadership candidate condemns ‘senseless violence’ of Okanagan church fires

Skeena MLA Ellis Ross says reconciliation isn’t about revenge for past tragedies

A coroner’s inquest will be taking place at the Capitol Theatre in Port Alberni for the next week. (ELENA RARDON / ALBERNI VALLEY NEWS)
Teen B.C. mom who died following police custody recalled as ‘friend to many’

Police sent Jocelyn George to hospital after intoxication had gone ‘beyond the realm’ of normal detox

FILE - In this Nov. 29, 2020, file photo, Las Vegas Raiders defensive end Carl Nassib leaves the field after an NFL football game against the Atlanta Falcons in Atlanta. Nassib on Monday, June 21, 2021, became the first active NFL player to come out as gay. Nassib announced the news on Instagram, saying he was not doing it for the attention but because “I just think that representation and visibility are so important.” (AP Photo/John Bazemore, File)
Nassib becomes first active NFL player to come out as gay

More than a dozen NFL players have come out as gay after their careers were over

Penticton Indian Band Chief Greg Gabriel speaks to the Sacred Hearts Catholic Church burning down early Monday morning, June 21, 2021. (Monique Tamminga Western News)
Penticton band chief condemns suspicious burning of 2 Catholic churches

Both Catholic church fires are deemed suspicious, says RCMP

COVID-19 daily cases reported to B.C. public health, seven-day moving average to June 17, 2021. (B.C. Centre for Disease Control)
B.C.’s COVID-19 infections drop to 90 on Sunday, 45 Monday

Pandemic spread dwindles as 77% of adults receive vaccine

Emergency vehicles are parked outside of the Wintergreen Apartments on Fourth Avenue. (SUSAN QUINN / Alberni Valley News)
Port Alberni RCMP investigate stabbing on Fourth Avenue

Two men were found with ‘significant’ injuries near Wintergreen Apartments

By protesting uninvited in First Nations’ territories, conservationists are acting in a neocolonial or paternalistic manner, says Huu-ay-aht Chief Robert Dennis. Photo by Heather Thomson
A closer look: do Vancouver Island First Nations support the war in the woods?

First Nations/environmentalist old growth alliance uneasy, if it exists at all

Bernadette Jordan addresses the media following a swearing in ceremony at Rideau Hall in Ottawa on January 14, 2019. Jordan says the government will provide $2 million to allow First Nations to continue to strengthen the marine safety system across Canada. THE CANADIAN PRESS/Adrian Wyld
First Nations receive federal funds to purchase marine rescue boats

Quatsino, Heiltsuk, and Kitasoo First Nation’s among eight across Canada to receive funding

Most Read