Trumbull receives recognition from Government Finance Officers Association
The Town of Trumbull has been awarded the Certificate of Achievement for Excellence in Financial Reporting 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. Its attainment represents a significant accomplishment by a government and its management.
Maria T. Pires, Director of Finance and the Finance Department staff were presented the recognition as the individuals designated within Trumbull government primarily responsible for preparing the award-winning CAFR.
First Selectman Tim Herbst expressed his appreciation to the entire Finance Department staff. “The commitment to excellence and the professional standards of the department staff has led Trumbull to this prestigious recognition,” he said in a statement Monday. “This accolade comes on the heels of high compliments from a recent rating agency review by Standard and Poor’s last month.
“It has been a cornerstone of my administration to build a strong talent team to insure the Town of Trumbull is well run and continues to grow and prosper,” the town’s top official added.
The CAFR was judged by an impartial panel of experts committed to meeting the high standards of the program, which requires awardees to demonstrate a constructive “spirit of full disclosure” and a clear commitment to 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 and Washington, D.C.