The Annual Comprehensive Financial Report provides the City Council, City staff, citizens, bondholders and other interested parties with useful information concerning the City's operations and financial position.
Award Received
In early 2022, the Government Finance Officers Association (GFOA) awarded the Certificate of Achievement for Excellence in Financial Reporting to the City of Lakeville for its 2020 Annual Comprehensive Financial Report.
The 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. The City has received this award for its annual comprehensive financial reports for the years ending 1988 through 2020.