For the second year in a row, the City of Duncan has been recognized for the calibre of its financial reporting.
The city received the Canadian Award for Financial Reporting from the Government Finance Officers' Association of the United States and Canada for the year ending December 31, 2012.
The award program was created to encourage municipal governments throughout Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for the officials who prepare the reports.
"Council is proud that once again the city has met this standard of excellence and represents a significant accomplishment by the management staff," said Mayor Phil Kent.
To receive the award, local governments are required to publish a readable and organized financial report conforming to program standards.
"As one of the smallest municipalities to have received the award, the city is very pleased to have done so for the second time," said Duncan Chief Administrative Officer Peter De Verteuil. "It takes a concerted effort to meet the expectations of the review panel, and staff are to be commended for their hard work. In particular, I would like to recognize Marisa Paitson, the City's Accountant and Office Manager for her numerous extra hours."