GOSHEN – The Orange County Finance Department has been awarded a Certificate of Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA).
This marks the 27th consecutive year that the county has been recognized with the highest standards for preparation of state and local government reports.
“We have a hard-working and talented fiscal team,” County Executive Steve Neuhaus said. “This award is indicative of the high standards to which our finance department holds itself.”
The GFOA is a nonpartisan, nonprofit organization serving 16,000 government finance offices across the nation. This award recognizes governments which maintain high standards of excellence in financial reporting and demonstrate a constructive “spirit of full disclosure” to clearly communicate the financial picture of governmental operations.
To be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized annual comprehensive financial report, in which the contents conform to program standards.
Such Annual Comprehensive Financial Reports must satisfy both generally accepted accounting principles and applicable legal requirements.
“I am grateful for this acknowledgment by our peers and thank my staff for their hard work and commitment to the county’s residents,” Finance Commissioner Kerry Gallagher said.
