Oro Valley

The Town of Oro Valley is pleased to announce that it has received the Popular Annual Financial Reporting Award from the Government Finance Officers Association (GFOA). The award is for the Town's first-ever Popular Annual Financial Report (PAFR) for FY 2011-12.

Each year, the Town of Oro Valley produces a Comprehensive Annual Financial Report (CAFR), which outlines the Town's financial position and operating activities and includes audited financial statements; however, due to its length and scope, the CAFR is not very user-friendly.

"We felt it was important to make the Town's financial information more accessible," commented Town Manager Greg Caton. "So our Finance Department and Communications Division collaborated to develop this award-winning document."

The PAFR includes a summary of accomplishments, net assets, activities, revenues, expenditures, debt and financial ratings and employee salaries and benefits.

GFOA document reviewers commented that Oro Valley's PAFR was visually appealing to the reader and that staff had done a good job presenting the financial data in an easy-to-understand format.

Click here to view the Town's Popular Annual Financial Report.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.