The City of Richmond has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for the City’s Comprehensive Annual Financial Report (CAFR) for the fiscal year ending on June 30, 2010. The award is the highest form of recognition in governmental accounting and financial reporting and its attainment represents a significant accomplishment by a state or local government. The City’s Department of Finance was also presented with an Award of Financial Reporting Achievement, an accompanying award to the designated department primarily responsible for preparing the award-winning CAFR. This is the 27th time the City of Richmond has received the Award for Excellence in Financial Reporting. "I am proud that the city has again received this distinction as it exemplifies this administrations’ commitment to outstanding financial management in serving the residents of Richmond,&qu