SMCFD Award for Excellence in Financial Reporting
Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the Superstition Mountains Community Facilities District No. 1 (SMCFD) for its comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2019. The SMCFD Financial Services department is responsible for preparing the award winning CAFR. The CAFR is 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.
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 entity and its management. This is the 10th consecutive year SMCFD has received this prestigious award.