Hazelwood Receives Award for Excellence in Financial Reporting

This beautiful plaque was presented to the City’s Director of Finance, Donnie L. Burns, by Mayor Matthew Robinson at a recent City Council meeting.

GFOAAward2FinanceThe “Certificate of Achievement” is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. Hazelwood, Mo., has received this distinguished honor for the past 12 consecutive years.

“I sincerely appreciate the opportunity to work with a City that emphasizes excellence,” said Donnie Burns. “As always, this is a team effort.  I am so impressed with the excellent work consistently produced by the Finance staff — it is an honor to work with them, for the City of Hazelwood.”

Hazelwood’s CAFR has been judged by an impartial panel to meet the high standards of the program including a demonstration of a constructive “spirit of disclosure” to clearly communicate its financial story and motivate potential user groups to read it. The document is available for viewing on this website on the Finance Department’s web page.

According to Burns, “Our financial advisors and the bond rating agencies have utilized our award-winning CAFR to analyze the City’s financial condition for the issuance of general obligation street bonds, revenue bonds for Cabela’s Wildlife Museum at St. Louis Mills, and certificates of participation for Hazelwood’s $5.7 million dollar White Birch Bay Aquatic Center.”

The GFOA is a non-profit professional organization serving approximately 17,500 government finance professionals with offices in Chicago, Ill., and Washington, D.C.

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