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f <br /> Awards and Acknowledzements <br /> The Government Finance Officers Association of the United States and Canada (GFOA) awarded a <br /> Certificate of Achievement for Excellence in Financial Reporting to Indian River County for its <br /> comprehensive annual financial report (CAFR) for the fiscal year ended September 30, 2011. This was <br /> the 29th consecutive year that the County has received this prestigious award. In order to be awarded a <br /> Certificate of Achievement, a government must publish an easily readable and efficiently organized <br /> comprehensive annual financial report. This report must satisfy both generally accepted accounting <br /> principles and applicable legal requirements. <br /> A Certificate of Achievement is valid for a period of one year only. We believe that our current <br /> comprehensive annual financial report continues to meet the Certificate of Achievement Program's 1 <br /> requirements and we are submitting it to the GFOA to determine its eligibility for another certificate. <br /> In addition, Indian River County also received the GFOA's Distinguished Budget Presentation Award <br /> for its annual budget document for the 2011-2012 fiscal year. This was the 21St consecutive year that the <br /> County has received this prestigious award. In order to qualify for the Distinguished Budget <br /> Presentation Award, the County's budget document had to be judged proficient as a policy document, <br /> financial plan, operations guide, and communications device. <br /> I would like to thank the entire staff of the Finance Department for their invaluable assistance in the <br /> preparation of this report. I would also like to thank the Board of County Commissioners and their staff, <br /> and the other Constitutional Officers for their personal interest and support in planning and conducting <br /> the financial operations of the County in a responsible and progressive manner. Finally, thanks to the <br /> citizens for the trust you continue to place in your County and those who work to serve you. i <br /> i <br /> Respectfully submitted, <br /> Jeffrey R. Smith, CPA, CGFO <br /> Clerk of the Circuit Court and Comptroller <br /> 1 <br /> l <br /> f <br /> vi <br />