Suwanee receives honor for financial reporting excellence

SUWANEE - Expect nothing less than full disclosure from Suwanee.

The city has raised expectations again by receiving the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for the fifth consecutive year.

Suwanee's fiscal year 2007 CAFR, prepared by the City's financial services department, was judged by an impartial panel and was deemed as meeting the highest standards, "clearly communicating the city's financial story, and demonstrating a constructive spirit of full disclosure," city spokeswoman Lynne DeWilde said.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and, according to GFOA, "represents a significant accomplishment by a government and its management."

GFOA is a nonprofit professional association serving approximately 16,000 government finance professionals.