City of Malibu, CA

10/15/2024 | Press release | Distributed by Public on 10/15/2024 15:41

The City of Malibu Earns Certificate of Achievement for Excellence in Financial Reporting

The City of Malibu is proud to have earned the prestigious Certificate of Achievement for Excellence in Financial Reporting from the GFOA for our FY 2022-2023 Annual Comprehensive Financial Report (ACFR). This marks our 23rd consecutive award.

Mayor Doug Stewart praised this achievement as a testament to our commitment to transparency and responsible management of taxpayer dollars: "This recognition reflects our dedication to financial excellence and enables us to fund vital community projects and respond effectively to challenges."

This award is judged by an impartial panel of finance professionals, highlighting our unwavering dedication to high standards in financial reporting. The GFOA, representing over 17,500 finance professionals, recognizes this certificate as a pinnacle honor in governmental accounting.