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Council questions value of GFOA certificate after staff reports $50,000 program cost over 10 years
5595666 · June 11, 2025
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Summary
Finance staff asked the council to weigh continuing pursuit of the GFOA Certificate of Achievement after reporting that the program adds administrative steps and has cost roughly $50,000 over the past decade.
Finance staff asked the council whether Lake Elmo should continue pursuing the Government Finance Officers Association (GFOA) Certificate of Achievement after staff and auditors led a brief discussion on cost and benefit. The staff…
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