The 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 annual comprehensive financial report for the fiscal year ended Sept. 30, 2022.
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 annual comprehensive financial report.
This accolade reflects the commitment the village staff has for meeting the highest principles and best practices in governmental accounting and reporting.
The annual comprehensive 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 report.
The GFOA 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.