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Finance Ofcrs Certif of AchieveMEMORANDUM April 29, 2003 TO:The Honorable Mayor and City Council Members FROM:Michael C. Van Milligen, City Manager SUBJECT:Government Finance Officers Association Certificate of Achievement The Government Finance Officers Association has awarded the City of Dubuque a Certificate of Achievement for Excellence in Financial Reporting for the Comprehensive Annual Financial Reports for the fiscal year ended June 30, 2002. Michael C. Van Milligen MCVM/jh Attachment cc: Barry Lindahl, Corporation Counsel Cindy Steinhauser, Assistant City Manager Ken TeKippe, Finance Director Government Finance Officers Association 203 North LaSalle Street, Suite 2700 Chicago, Illinois 60601-1210 312.977.9700 fax: 312.977.4806 April 14, 2003 Mr. Kenneth J. TeKippe Finance Director City of Dubuque City Hall, 50 West 13th Street Dubuque, Iowa 52001 Dear Mr. TeKippe: We are pleased to notify you that your comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2002 qualifies for a Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the highest form of recognition in governmentai accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. Congratu- lations for having satisfied the high standards of the program. We hope that your example will encourage others in their efforts to achieve and maintain an appropriate standard of excellence in financial reporting. Each entity submitting a report to the Certificate of Achievement review process is provided with a "Summary of Grading Results,' form and a confidential list of comments and suggestions for pos- sible improvements in its financial reporting techniques. Your list has been enclosed. You are strongly encouraged to implement the recommended improvements into the next report and submit it to the program. Accompanying future submissions should be your detailed response to each comment appearing on the list. These responses will be provided to those Special Review Committee mem- bers participating in the review. Your Certificate of Achievement plaque will be shipped to you under separate cover in about eight weeks. A holder of a current Certificate of Achievement may include a reproduction of the award in its immediately subsequent CAFR. A camera ready copy of your certificate is enclosed If you reproduce your certificate in your next report, please refer to the enclosed instructions. Mr. Kenneth J. TeKippe April 14, 2003 Page 2 A Certificate of Achievement is valid for a period of one year. To continue to participate in the Certificate of Achievement Pro- gram, it will be necessary for you to submit your next CAFR to our review process. In order to expedite your submission, we have enclosed a Certificate of Achievement Program application form to facilitate a timely submission of your next report. This form should be completed and mailed (postmarked) with three copies of your report, three copies of your application, three copies of your written responses to the program's comments and suggestions for improvement from the prior year, and any other pertinent material with the appropriate fee by December 31, 2003. Your continued interest in and support of the Certificate of Achievement program is most appreciated. If we may be of any further assistance, please contact Delores Smith. Sincerely, GOVERNMENT FINANCE OFFICERS ASSOCIATION Director/Technical Services Center SJG/ds