Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the Village of Wellington for its comprehensive annual financial report for the fiscal year ended September 30, 2020.
The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
The Award of Financial Reporting Achievement is awarded to the Office of Financial Management and Budget as primarily responsible for preparing the award-winning comprehensive annual financial report. This year’s Certificate of Achievement for Excellence in Financial Reporting is the 25th continuously earned. This accolade reflects the commitment the Village staff has for meeting the highest principles and best practices in governmental accounting and reporting.
The comprehensive annual financial report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the comprehensive annual financial report.
The Government Finance Officers Association is a major professional association serving nearly 19,000 appointed and elected local, state, and other finance practitioners. It provides top-quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management.