To receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, an operations guide, a financial plan, and a communications device. The award and certificate, presented by the Government Finance Officers Association (GFOA), are the highest awards in governmental budgeting.
Annual Comprehensive Financial Report Award
The Annual Comprehensive Financial Report (ACFR) shows the City's actual revenues and expenses for the completed fiscal year. It is similar to balancing a household checkbook- only on a much larger civic scale.
The certificate, presented by the Government Finance Officers Association(GFOA), is awarded as the highest form of recognition in the area of governmental accounting and financial reporting.