News Flash

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Corsicana by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). 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.

This Award of Financial Reporting Achievement is given to the individual(s), department or agency designated by the government as primarily responsible for preparing the award-winning CAFR. This has been presented to the Finance Department of the City of Corsicana.

The CAFR has been 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 GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.

I, as well as the City Council, are very proud of this award earned by the Finance Department. This indicates excellence across many areas of financial reporting and ease of getting information. Transparency is very important to the Council and me. Congratulations to Ginger Richardson, Director of Finance, and to her staff.