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Posted on: October 1, 2018

Cocoa Awarded Certificate of Achievement for Excellence in Financial Reporting 2nd Year in a Row

City of Cocoa Finance Department with their GFOA Award

On September 14, 2018, for the second year in a row, the Government Finance Officers Association of the United States and Canada (GFOA) awarded the City of Cocoa the Certificate of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR).  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 CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.  This document, which is required to be produced by the state, offers our residents a transparent look into the financial statements produced by the City of Cocoa.  An extensive list of items are reviewed and met in order to qualify for this award each year.

The Government Finance Officers Association is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. 

“The City is very pleased to have obtained the Certificate for Excellence in Financial Reporting from GFOA for the second year. Achievement of this award demonstrates its commitment to high quality financial reporting and transparency. Thanks are extended to the dedicated staff who made this award possible,” said Cocoa’s Finance Director, Rebecca Bowman.

 To view the CAFR, visit our website at www.CocoaFL.org/174/Finance.

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