Kelowna News

Lake Country again receives Canadian Award for Financial Reporting

Image Credit: SUBMITTED/Lake Country

Lake Country, BC – The Canadian Award for Financial Reporting has been awarded to the District of Lake Country by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2016 annual financial report. Chief Administrative Officer, Alberto De Feo presented the Award to Chief Financial Officer Tanya Garost and Finance staff members Annie Lynch and Richard Wagner at a televised Council meeting Tuesday, December 19, 2017.

As the individual primarily responsible for preparing the award-winning report, Tanya Garost also received a Canadian Award for Financial Reporting Achievement.

“We are really pleased that Lake Country has received this award for the third year in a row from a professional organization serving over 19,000 government officials and finance practitioners,” said Mayor Baker. “Tanya and her team do an excellent job communicating the municipality’s financial story in the spirit of full disclosure.”

The Canadian Award for Financial Reporting 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. Its attainment represents a significant accomplishment by a government and its management.

“I am very happy to work with such a well-qualified Finance team that works hard to meet the financial reporting standards required for this award,” said Tanya Garost, Chief Financial Officer. “This award is a significant achievement. I want to thank all staff for their collective efforts."

Read the 2016 Annual Report online (please be patient with the download speed - this document is 104 pages of great information and photos of our community and the Financial section starts on page 51).


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