The Caroline County Commissioners Office of Finance was recently awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) of the United States and Canada for the Fiscal Year 2019. 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 is the 15th consecutive year, Caroline County has been awarded this outstanding achievement,” Commission President Larry Porter stated. “As an elected official I know the importance of transparency to ensure taxpayers their money is being well-spent. While it may seem routine to win this award since we’ve done it for the last fifteen years, less than five percent of local governments across the country qualify and it’s something we’re really proud of.”
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.
County Administrator Jeremy Goldman congratulated the staff that oversees the County’s finances, specifically Finance Director Margaret Roe, Comptroller Cathie Moore, and Senior Accountant Danny Fox.
“Caroline County is lucky to have a dedicated team who work diligently to ensure all taxpayer funds are properly managed and accounted for throughout the year and in each annual budget. The Commissioners value the trust taxpayers place in them, which is why our finance team works so hard to ensure excellent financial reporting.”
The Government Finance Officers Association, founded in 1906, represents public finance officials throughout the United States and Canada. The association’s more than 20,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions.
GFOA’s mission is to advance excellence in state and local government financial management.