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, Stephen Gauthier of GFOA said in a news release.
An Award of Financial Reporting Achievement was awarded to the individual, department or agency designated by the government as primarily responsible for preparing the award-winning CAFR. For the city of Woodstock, the award was presented to Chief Finance Officer Robert Porche and Finance Office Manager Gena Kelly, Gauthier said.
Gauthier said the CAFR was judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
The Government Finance Officers Association is a nonprofit professional association serving about 17,500 government finance professionals.