Osceola County issued the following announcement on Dec. 27.
For the 31st year in a row, Osceola County has received the highest honor in governmental accounting and financial reporting.
Osceola County has been awarded a Certificate of Achievement for Excellence in Financial Reporting for its annual comprehensive financial report (ACFR) for the fiscal year ending Sept. 30, 2020 by the Government Finance Officers Association of the United States and Canada (GFOA).
“When you think about the volatility of financial markets in recent years, our staff can really take pride in this accomplishment of fiscal excellence and accountability,” said Osceola Commission Chairman Brandon Arrington. “This recognition is again proof that the County is an aggressive protector of the public’s money.”
The ACFR 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 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.
GFOA is a nonprofit professional association that 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.
Original source can be found here.