City receives Canadian Award for Financial Reporting
The City of Saskatoon has received the Canadian Award for Financial Reporting (CAnFR) from the Government Finance Officers Association(GFOA) of the United States and Canada.
The CAnFR award, presented for the City’s 2021 Annual Report, represents a significant accomplishment for municipal government and its financial management. The award recognizes the City’s commitment to high standards and excellence in financial transparency and accountability.
“We are proud to receive this award for the 15th year and of our employees who are dedicated to making the City of Saskatoon a leader in producing high-quality financial reports year after year,” says Kari Smith, Director of Finance. “We are committed to building trust through transparent financial reporting and managing tax dollars responsibly.”
The Canadian Award for Excellence in Financial Reporting Program (CanFR) was established to encourage municipal governments across Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports. The attainment of this award represents a significant accomplishment by a government and its management.
The City’s 2021 annual financial report was judged by impartial Canadian Review Committee members to 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 users and user groups to read the report.
Visit saskatoon.ca/finance for additional financial reports from the City of Saskatoon.