The City of Morganton Finance Department is being recognized for the 32nd year in a row by the Government Finance Officers Association of the United States and Canada (GFOA) for its excellence in financial reporting.
The City recently received the Certificate of Achievement for Excellence in Financial Reporting from the association for its most recent Comprehensive Annual Financial Report (CAFR). It is the highest form of recognition for governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management, according to GFOA.
“We are incredibly pleased that we are again being recognized for our excellent financial reporting practices,” said Finance Director Karen Duncan. “Just because we have received this award for more than three decades does not mean it is an easy feat. Our Finance Department works very hard to hold itself to the highest standards, and this award reflects our employees’ commitment to ensuring accuracy and transparency in all of the City’s financial reporting.”
The CAFR was judged by an impartial panel to meet stringent criteria, including demonstrating a spirit of full disclosure in order to clearly communicate the city’s financial story.
The Government Finance Officers Association is headquartered in Chicago, Illinois, and is a major professional association servicing the needs of more than 20,000 appointed and elected local, state and provincial-level government officials and other finance practitioners.
From left, Accounting Manager Tammy Kirkpatrick, Finance Director Karen Duncan and Customer Service Manager Jennie McNeilly are responsible for preparing the CAFR that is judged each year by the GFOA.