Founded in 1984, Crawford & Associates, P.C. has earned a national and statewide reputation second to none in the area of governmental accounting and consulting. In 2001, Crawford & Associates developed, copyrighted and trademarked a new service for governmental entities entitled The PerformeterŽ, a unique financial analysis and rating tool for use in measuring a government's financial health and success. Since its introduction in 2001, The PerformeterŽ has proven to be a very popular and valuable financial management tool for state and local governments.
The PerformeterŽ uses a variety of financial ratios and an analysis methodology to determine the overall financial condition (financial position or health) of the government as of fiscal year end, the changes in financial condition (financial performance) for the year then ended, and the ability to raise revenue and issue debt in the future (financial capability). The analysis also provides for ratio comparison to prior years and certain industry benchmarks.
A "PerformeterŽ" analysis of the City of Nichols Hills, Oklahoma as of and for the year ended June 30, 2006, is available for review and downloading at the link provided below.