Coldstream financial report recognized

The Government Finance Officers Association of the U.S. and Canada has given top marks to the district's annual report.

The District of Coldstream is being recognized for its financial systems.

The Government Finance Officers Association of the U.S. and Canada has awarded the Canadian Award for Financial Reporting to the district for its 2013 annual report.

“This is the fourth consecutive year the district has won the prestigious award and represents a significant accomplishment by the district and its management,” said Trevor Seibel, chief administrative officer.

“Such reports should go beyond the minimum requirements of generally accepted accounting principles and demonstrate an effort to clearly communicate the municipal government’s financial picture, enhance an understanding of financial reporting by municipal governments, and address user needs.”

GFOA is a non-profit professional association that serves government finance professionals in the U.S. and Canada.

New truck purchased

Coldstream’s infrastructure keeps rolling.

Council has approved spending $35,000 for a new 4×4, half-ton pickup truck.

“Through the district’s equipment replacement program, funding is provided annually to replace aging vehicles and equipment used in the delivery of services provided by the public works department,” said Mike Pethick, operations superintendent.

The new truck will replace a 1994 vehicle that was recently in an accident and written off by the Insurance Corporation of B.C.

“This vehicle was scheduled to be replaced in 2015,” said Pethick.

Politician heads to class

A Coldstream politician hopes hitting the books will benefit his community.

Coun. Richard Enns recently attended a seminar for municipal officials hosted by the Southern Interior Local Government Association.

“It’s like going to school,” said Enns of information sessions that were provided.

“You can be pretty active in upgrading your knowledge.”

Among the seminars that Enns participated in were municipal risk management and financial management, including grant funding.


Vernon Morning Star

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