News Flash

Town News

Posted on: July 10, 2020

Farragut receives Certificate of Achievement for Financial Reporting

For the 26th consecutive year, the Town of Farragut has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR) for fiscal year 2019. Farragut is one of 32 Tennessee cities, out of 345, to receive the award.

The Town finance staff, led by Town Recorder Allison Myers, puts together the annual financial report.

“Allison Myers and Pam Hall do all the work on our annual financial report, and they do a great job,” says Town Administrator David Smoak. “We’re held to high standards in financial accountability and transparency, so it’s important for citizens to be able to understand the report. It will continue to be a priority.”

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. The GFOA 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. For more information, visit gfoa.org.

Facebook Twitter Email

Other News in Town News