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City Honored for Excellence in Financial Reporting

Post Date:07/28/2023 9:08 AM

For the 48th consecutive year, the Government Finance Officers Association of the United States and Canada (GFOA) awarded the City of Greensboro its Certificate of Achievement for Excellence in Financial Reporting. The Certificate is the highest form of recognition in the area of governmental accounting and financial reporting.

The annual honor is based on the City’s annual comprehensive financial report for the fiscal year ending June 30, 2022. The GFOA convened an impartial panel that determined Greensboro once again met the program’s high standards, including a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate readership.

In addition to the Certificate, the GFOA presented an Award of Financial Reporting Achievement to the City’s Finance Department, which created Greensboro’s annual financial report.

The Chicago-based GFOA advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.

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