This is the tenth time Apple Valley's comprehensive annual financial report (CAFR) has earned the Certificate of Achievement from the Government Finance Officers Association of the United States and Canada. 

"Receipt of the award for the tenth year continues to underscore our commitment to excellence in financial reporting," said Apple Valley Finance Director Marc Puckett. "Our staff will continue its efforts to improve the public disclosure of financial information wherever possible. This awards program provides us with an independent standard measurement of our progress."

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. Nationwide, there are 87,504 local government agencies eligible for the award. Of those, 1,852 received the award. In California, only 243 of the 4,344 eligible local government agencies received the award.

The CAFR was judged by an impartial panel to meet the high standards of the program including demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the document.

The Government Finance Officers Association is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.