Clarksville Finance earns ‘Excellence in Financial Reporting’
City earns achievement for fourth consecutive year
CLARKSVILLE, Tenn. – The City of Clarksville is the recipient of the Government Finance Officers Association of the United States and Canada (GFOA) Award of Excellence in Financial Reporting for the fourth consecutive year for its comprehensive annual financial report (CAFR).
“This award only confirms what we already knew, and that is that the City’s Finance Office and the rest of our City team are working hard every day to achieve excellence,” Mayor Kim McMillan said.
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.
“I am extremely proud of our finance staff for their hard work and dedication as they continue to achieve recognition for the highest standards of governmental reporting.” Laurie Matta, Chief Financial Officer, said.
The CAFR is judged by an impartial panel in order to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.