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6.G. - Page 20 of 187 <br />Awards <br />The Government Finance Officers Association (GFOA) awarded a Certificate of Achievement for Excellence in <br />Financial Reporting to the City of Redwood City for its Comprehensive Annual Financial Report (CAFR) for the fiscal <br />year ended June 30, 2017. This is the 315` consecutive year that Redwood City has received this prestigious award. <br />In order to be awarded a certificate of achievement, a government must publish an easily readable and efficiently <br />organized comprehensive annual financial report. This report must satisfy both accounting principles generally <br />accepted in the United States of America and applicable legal requirements. A certificate of achievement is valid <br />for a period of one year only. We believe that our current CAFR continues to meet the certificate of achievement <br />program's requirements and are submitting it to the GFOA to determine its eligibility for another certificate. <br />Acknowledgements <br />The preparation of this report could not have been achieved without the skillful, dedicated and efficient services <br />of the entire staff of the Finance Division. I would like to extend special recognition to Derek Rampone for his <br />professionalism and leadership in overseeing this process. Special thanks must also be expressed to Jennifer <br />Chang, Molly Flowerday, Carolyne Kerans, Jun Nguyen, and Sylvia Peters for their important contributions, and to <br />Nancy Murguia for her support with the publication of this document. <br />I would also like to thank and commend the City Council and City Manager for their ongoing interest and support <br />in planning and conducting the financial operations of the City in a responsible and progressive manner in the best <br />interests of the residents of Redwood City. <br />Respectfully submitted, <br />Kimbra McCarthy <br />Assistant City Manager and Administrative Services Director <br />City of Redwood City <br />Redwood City, California <br />vii 199 <br />