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Finance manager named city's employee of the month

Published on Thu, Apr 23, 2009 by Beckye Randall

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Financial Planning Manager Denise Gritton has been named Employee of the Month for April in recognition of the pivotal role she played in assembling financial information that netted two prestigious awards for the finance department and the city.

Denise GrittonMayor Dennis Kendall presented Gritton with the award at the April 13 City Council meeting to applause from her husband, Randy, and department co-workers.

Last fall, the city received the 2008 Washington Finance Officers Association (WFOA) Budget Award. Just last month, finance officials were notified that the city was awarded the Governmental Finance Officers Association (GFOA) award for Marysville's 2007 Comprehensive Annual Financial Reporting (CAFR). A CAFR represents and reflects the city's financial operations and condition to city residents, elected officials, management personnel, financial institutions, bonding houses and other parties interested in the financial affairs of the city. The document is also useful for identifying long-term statistical trends.

Gritton, an 8-year veteran of the department, was instrumental in collecting, preparing and coordinating the additional information necessary to meet the criteria of these awards, said Finance Director Sandy Langdon, who nominated Gritton. This additional information is required when preparing a bond issue, and having the information historically will be a tremendous asset to Marysville in the bonding community, as well as any assessment of current bond ratings, Langdon added.

"Successful completion of these awards indicates that we have taken our financial status to a higher level of reporting," Langdon said.

This accomplishment was not easy. The budget award requires that more than 40 criteria be met, and the CAFR has more than 130 items.

Both documents require analysis of the criteria for meaning and presentation, and adherence to a very short time frame from adoption to completion.

"I am sure Denise would tell you that she could not have done it alone," Mayor Kendall commented at the Council meeting. "Information was needed from other departments, districts, the county, and the state, but it was her persistence that made the difference."

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