Friday, November 18, 2011

Sun Valley financial reporting recognized

City gets kudos from government association

Express Staff Writer

The city of Sun Valley has been recognized for financial reporting, indicating that the city is managing its finances as well as the reporting of its financial activity at a high standard.

The Government Finance Officers Association notified the city that Sun Valley received the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report. The national award was presented to City Administrator Sharon Hammer and Treasurer/Finance Manager Michelle Frostenson.

According to a news release issued by the association, the certificate is the highest form of recognition in the area of governmental accounting and financial reporting. It signifies that a municipality demonstrates a "spirit of full disclosure" to clearly communicate its finances.

"We were all working really hard on it," Hammer said.

The city learned of the award last week, though it recognizes reporting for the fiscal 2010-11 budget.

Sun Valley also received the association's Distinguished Budget Presentation award earlier this year for its fiscal 2010-11 budget.

"Government agencies are required to have an independent audit to see if (cities) are doing what they say they're doing," Hammer said. "It's much more rigorous than the budget award. They dig through your financial statements to see if everything is balanced. It's an even more significant accomplishment and is really a feather in the mayor's (Wayne Willich's) cap."

Rebecca Meany:

About Comments

Comments with content that seeks to incite or inflame may be removed.

Comments that are in ALL CAPS may be removed.

Comments that are off-topic or that include profanity or personal attacks, libelous or other inappropriate material may be removed from the site. Entries that are unsigned or contain signatures by someone other than the actual author may be removed. We will take steps to block users who violate any of our posting standards, terms of use or any other policies governing this site. Use of this system denotes full acceptance of these conditions. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.

The comments below are from the readers of and in no way represent the views of Express Publishing, Inc.

You may flag individual comments. You may also report an inappropriate or offensive comment by clicking here.

Flagging Comments: Flagging a comment tells a site administrator that a comment is inappropriate. You can find the flag option by pointing the mouse over the comment and clicking the 'Flag' link.

Flagging a comment is only counted once per person, and you won't need to do it multiple times.

Proper Flagging Guidelines: Every site has a different commenting policy - be sure to review the policy for this site before flagging comments. In general these types of comments should be flagged:

  • Spam
  • Ones violating this site's commenting policy
  • Clearly unrelated
  • Personal attacks on others
Comments should not be flagged for:
  • Disagreeing with the content
  • Being in a dispute with the commenter

Popular Comment Threads

 Local Weather 
Search archives:

Copyright © 2020 Express Publishing Inc.   Terms of Use   Privacy Policy
All Rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Express Publishing Inc. is prohibited. 

The Idaho Mountain Express is distributed free to residents and guests throughout the Sun Valley, Idaho resort area community. Subscribers to the Idaho Mountain Express will read these stories and others in this week's issue.