By: Diane Benjamin
Yesterday WEEK reported: http://www.cinewsnow.com/home/Bloomington-awarded-certificate-in-financial-reporting-369985521.html
The media must think some group swoops around the country reading financial statements of local governments until they find exceptional examples of good financial reporting – then a certificate of greatness is awarded.
Bloomington bought the award!
Last year the City Auditor – Sikich – was paid: (See the 2015 Final treasurer’s Report: http://www.cityblm.org/index.aspx?page=21&parent=36 )
But Sikich doesn’t award Certificates of Excellence, so the City went further.
First they had to be members (unless you want to pay a higher fee) of the Government Finance Officers Association: $595.00
The FEE appears on the PCard spending from 11/25/15: http://www.cityblm.org/index.aspx?page=242&parent=7718
I’m sure the City of Bloomington sent out a Press Release extolling the AWARD. Even though the City has a tab on their website for press releases, there isn’t anything listed for 2016. http://www.cityblm.org/index.aspx?page=21
Media wasn’t smart enough to smell a setup. The excellence award was bought for $550.00
See the application here: GFOACOA_Application
See the website here: http://www.gfoa.org/coa