The Government Finance Officers Association of the United States and Canada (GFOA) has awarded Hanover County with its Certificate of Achievement for Excellence in Financial Reporting for its Annual Comprehensive Financial Report for the fiscal year that ended June 30, 2020. The County has received this prestigious award each fiscal year since 1985.
The report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate the County’s financial information and motivate potential users to read the report.
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 continued attainment of this recognition and award from GFOA demonstrates the County’s dedication to excellence and transparency in financial reporting,” said Jay Brown, Deputy County Administrator. “I am proud of the Finance team and all partners and stakeholders that worked hard to receive this award. We will continue to strive to attain the Certificate of Achievement for Excellence in Financial Reporting in future years.”
“The Certificate of Achievement is a testament of the County’s commitment to financial excellence and stewardship,” said Jacob Sumner, Director of Finance and Management Services. “A true team effort from the staff who compiled the report to the men and women providing services every day for our citizens and businesses to our leadership’s commitment to sound financial policies and practices.”