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The Town of Estes Park was awarded the Certificate of Achievement for Excellence in Financial Reporting for its 2016 Comprehensive Annual Financial Report (CAFR) from the Government Finance Officers Association. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. The 2017 CAFR has been submitted to the Government Finance Officers Association for award consideration.
The Town is also subject to audit requirements referred to as a single audit, as required by the Office of Management and Budget (OMB) Circular A-133, because more than $750,000 in Federal funding was received in 2017 to the Town. A single audit is intended to promote sound financial management, including effective internal control, with respect to federal awards administered by state and local governments.