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Cambridge recognized for financial reporting excellence for 5th straight year

For the fifth year in a row, the City of Cambridge has received the Canadian Award for Financial Reporting (CAnFR) from the Government Finance Officers Association (GFOA), in recognition of its annual financial report.

The CAnFR 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.

This award recognizes Canadian municipalities that go above and beyond in the preparation of their annual financial reports, modelling transparency and full disclosure.

Receiving this award represents a significant accomplishment by a local government and its management. It also demonstrates the City’s ongoing commitment to the responsible management of its financial resources, ensuring transparency and accountability – a key principle of Cambridge Connected, the City’s Strategic Plan. 

“Our finance team is truly an incredibly dedicated group. Congratulations on this prestigious award, yet again. It’s a true testament to this team’s attention to detail and commitment to our community,” said Cambridge Deputy Mayor Mike Mann. “We are all very proud of the work of this team. Each year, they continuously raise the bar. Creating this report allows us to share details on how we financially support the City’s vision and move our community forward.”

Additional Resources

  • The Government Finance Officers Association (GFOA) 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.
  • The City’s annual financial report has been judged by impartial Canadian Review Committee members with expertise in government financial reporting.
  • Learn more about the Canadian Award for Excellence in Financial Reporting Program.

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Primary Media Contact

Allison Jones
Supervisor of Communications
City of Cambridge
jonesa@cambridge.ca