For the sixteenth consecutive year, Niagara Region has received the Canadian Award for Financial Reporting in recognition of its 2019 Annual Financial Report. This award was presented to the Financial Management and Planning Department.
Established by the Government Finance Officers Association of the United States and Canada (GFOA), the program was established 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. Its attainment represents a significant accomplishment by a government and its management.
To receive this distinction, a government organization must present financial information in a clear, concise and informative manner, with content that conforms to program standards. The award recognizes financial reports that 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 user groups to read the report.
The Government Finance Officers Association of the United States and Canada advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 21,000 members and the communities they serve.
"Regional Council has a mandate for transparency and responsible policy in our financial practices. I am extremely grateful that we have staff at the Region who strive towards a higher standard and I want to congratulate the Financial Management and Planning Department for receiving this distinguished award."
~ Jim Bradley, Regional Chair
905-980-6000 ext. 3747