City of Irvine Wins Awards in Financial Reporting, Budget Reporting and Operational Budget

Congratulations to the City of Irvine’s Administrative Services Department, which this week received the Certificate of Achievement for Excellence in Financial Reporting for the Comprehensive Annual Financial Report (CAFR) from the Government Finance Officers Association (GFOA).

This is the nation’s highest form of recognition in the area of governmental accounting and financial reporting.

Irvine also received two other prestigious awards: The GFOA Distinguished Budget Presentation Award representing the City’s commitment in meeting the highest principles of governmental budgeting, and the California Society of Municipal Finance Officers Award for Excellence in Operational Budget.

In January, Irvine was rated the #1 city in the nation in regard to fiscal health, according to a recent report by Truth in Accounting, an organization that promotes clarity in public financial records.

I’m extremely proud of Irvine’s number one financial rating in the nation and its national recognition for its financial reporting by the Government Finance Officers Association.

I am also proud to have received the Orange County Taxpayers Watchdog Award for “demonstrating dedication to the protection of taxpayer funds and for the advocacy of government transparency and fiscal responsibility.”

I ran for City Council on a platform of using my skills as a business attorney to safeguard every public dollar, and I intend to keep that promise by making sure that Irvine is financially transparent and doesn’t spend more than it can afford.

These awards reflect the firm commitment that my colleagues on the Irvine City Council, our Finance Commission, our professional City staff, and I have to the taxpayers and residents of Irvine, and to the principles of government transparency and fiscal responsibility.