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to guide future decisions and to direct financial and other resources. It is expected that this <br />community vision will continue to serve as a guiding tool for the next year or two, with a new <br />strategic planning effort underway in 2015. <br />Achieving these goals and strategies are not expected to have a significant financial impact <br />however. It is expected that a portion of existing resources will be redirected to the extent <br />possible. In addition, it is expected that future debt obligations will decline which will allow <br />existing resources dedicated to debt service to be re-purposed. <br />Awards and Acknowledgements <br />The Government Finance Of�'icers Association (GFOA) awarded a Certificate of Achievement <br />for Excellence in Financial Reporting to the City of Roseville for its comprehensive annual <br />financial report (CAFR) for the fiscal year ended December 31, 2013. This was the 35th <br />consecutive year that the city has received this prestigious award. Tn order to be awarded a <br />Certiiicate of Achievement, the government published an easily readable and efficiently <br />organized CAFR. This report satisfied both GAAP and applicable ]egal requirements. <br />A Certificate of Achievement is valid for a period of one year only. We believe that our current <br />CAFR continues to meet the Certificate of Achievement Program's requirements and we are <br />submitting it to the GFOA to determine its eligibility for another certificate. <br />In addition, the government also received the GFOA's Distinguished Budget Presentation Award <br />for its annual budget doculnent dated January 1, 2014. In order to qualify for the Distinguished <br />Budget Presentation Award, the government's budget document was judged to be proficient in <br />several categories, including as a policy document, a financial plan, an operations guide, and a <br />communications device. <br />The preparation of this report would not have been possible without the dedicated services of the <br />Finance Department Staf£ I would like to express my appreciation to all members of the <br />department who assisted and contributed to the preparation of this report. Credit must also be <br />given to the Mayor and the City Council for their unfailing support for maintaining the highest <br />standards of professionalism in the management of the City of Roseville's finances. <br />Respectfully submitted <br />��'� <br />Christopher K. Miller <br />Finance Director <br />n <br />� <br />