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<title>IMPORTANT: New GFOA Policy – End the Acronym Initiative</title>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">Hello everyone,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">If you haven’t seen it yet, please see the announcement below regarding a development on a critically important topic, representing a change DAS fully endorses.
I would recommend reviewing the GFOA toolkit that is linked below for additional information and background. Given that the Comprehensive Annual Financial Report acronym is one that permeates the work of SARS and many state agencies, it will take some time
to make all the updates, some of which have already begun, such as removing the acronym from the SARS website, but others remain, including a new title for this news list.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">I thank you for joining us in supporting this important change and please reach out to me with any questions.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">Rob<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> Chris Morrill <announcements@gfoa.org>
<br>
<b>Sent:</b> Tuesday, March 9, 2021 8:04 AM<br>
<b>To:</b> robert.w.hamilton@state.or.us<br>
<b>Subject:</b> IMPORTANT: New GFOA Policy – End the Acronym Initiative <o:p></o:p></span></p>
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<span style="font-size:7.5pt;font-family:"Arial",sans-serif;color:#666666">New GFOA Policy – End the Acronym Initiative<o:p></o:p></span></p>
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<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">Dear GFOA Colleague,
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">As the leading association for government finance professionals, diversity, equity, and inclusion are central to our mission.
Our membership, at more than 21,000 strong, is diverse, as are the communities we collectively serve. It is because of our unwavering commitment to fostering inclusiveness that this morning GFOA published an important
<a href="http://gfoa.informz.net/z/cjUucD9taT05OTAyOTM0JnA9MSZ1PTEwNTQ1NDM3OTcmbGk9ODQ4MTY5ODE/index.html" target="_blank">
<strong><span style="font-family:"Arial",sans-serif;color:#004E95;text-decoration:none">new policy</span></strong></a>.<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><strong><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">As a result, effective immediately, the common four-letter acronym used to reference the Comprehensive Annual Financial
Report is no longer advised by GFOA.</span></strong><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">Our organization recognizes that this is a significant change for many of our members, staff, and partners. With this in
mind, we have created a toolkit to help all stakeholders understand the new position, more easily implement the recommended changes, and clearly articulate the reasons this shift is important.<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">I invite you to review the full resource<a href="http://gfoa.informz.net/z/cjUucD9taT05OTAyOTM0JnA9MSZ1PTEwNTQ1NDM3OTcmbGk9ODQ4MTY5ODI/index.html" target="_blank"><strong><span style="font-family:"Arial",sans-serif;color:#004E95;text-decoration:none">
toolkit</span></strong></a> on our website and the materials provided for support and guidance in the days ahead.
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">
<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:16.9pt"><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:black">Additionally, I want to take a moment to thank you in advance for your support educating and encouraging your colleagues
to implement this new professional standard. You are helping to lead our industry forward and creating safer spaces and more inclusive opportunities for many.
<o:p></o:p></span></p>
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<p style="margin:0in;margin-bottom:.0001pt;line-height:15.75pt"><span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:black">Chris Morrill<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;line-height:15.75pt"><span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:black">Executive Director/CEO, GFOA<o:p></o:p></span></p>
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<span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:black">Read the official “<a href="http://gfoa.informz.net/z/cjUucD9taT05OTAyOTM0JnA9MSZ1PTEwNTQ1NDM3OTcmbGk9ODQ4MTY5ODM/index.html" target="_blank"><strong><span style="font-family:"Arial",sans-serif;color:#004E95;text-decoration:none">End
the Acronym</span></strong></a>” policy statement <o:p></o:p></span></p>
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<span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:black">Review the “<a href="http://gfoa.informz.net/z/cjUucD9taT05OTAyOTM0JnA9MSZ1PTEwNTQ1NDM3OTcmbGk9ODQ4MTY5ODQ/index.html" target="_blank"><strong><span style="font-family:"Arial",sans-serif;color:#004E95;text-decoration:none">End
the Acronym</span></strong></a>” toolkit <o:p></o:p></span></p>
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<span class="inline-color"><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Government Finance Officers Association of the United States & Canada</span></span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><br>
<span class="inline-color">203 N. LaSalle Street - Suite 2700 | Chicago, IL 60601-1210</span><o:p></o:p></span></p>
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<span class="inline-color"><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black">Phone: (312) 977-9700 - Fax: (312) 977-4806</span></span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:black"><o:p></o:p></span></p>
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