The Accounting Division is responsible for providing a financial and reporting system required to safeguard and account for City assets and to record financial transactions in accordance with State law, the City Charter, City ordinances and generally accepted accounting principles. Financial records are maintained for general ledger accounts, payroll, accounts payable, cash receipts and bank reconciliations. Other financial functions include interim financial reporting, annual audit preparations, state and federal grant reporting, and preparation of the CAFR (Comprehensive Annual Financial Report).
Certificate of Achievement for Excellence in Financial Reporting
The Government Finance Officers Association (GFOA) established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.
The City of Mesquite has been awarded the Certificate of Achievement for Excellence in Financial Reporting for 34 consecutive years.