Dare County is happy to announce that the Dare County Finance Department has been awarded the distinguished Certificate of Achievement for Excellence in Financial Reporting—the best type of recognition in governmental accounting and monetary reporting—by the Government Finance Officers Association for the thirty second consecutive 12 months.
The county acquired the award in recognition of its Annual Comprehensive Financial Report—an in depth doc that gives an summary of the county’s monetary actions, position and efficiency for a selected 12 months—for the fiscal 12 months that ended on June 30, 2022.
Dare County Board of Commissioners Chairman Bob Woodard offered the award to Dare County Finance Director David Clawson and Assistant Finance Director Sally DeFosse on the Dare County Board of Commissioners assembly that was held at 9 a.m. on Monday, November 6, 2023.
The Certificate of Achievement for Excellence in Financial Reporting program was established by the Government Finance Officers Association in 1945 in an effort to encourage state and native governments to go above and past the minimal necessities by getting ready an annual complete monetary report that’s absolutely clear and in addition embodies the spirit of full disclosure to the neighborhood it serves.
“The goal of the program is not to assess the financial health of our local government but instead to ensure that members of the community are able to do so themselves using all of the financial information that’s been translated into a single comprehensive document that’s easy for our citizens to read,” stated Woodard. “As you all know, the financial health of our community is one of the most important things that this board has to take a look at on a consistent basis, [and we] strive to make this happen year after year.”
In order to be eligible for the Certificate of Achievement for Excellence in Financial Reporting, the Dare County Finance Department is tasked with taking an assortment of sophisticated monetary data and remodeling it right into a single, complete doc that’s simple for residents to not solely access but in addition to navigate and perceive, no matter their stage of familiarity with monetary ideas.
Producing an Annual Comprehensive Financial Report that meets the in depth necessities to be thought-about for the award represents a big accomplishment by an area authorities and its administration—significantly when it’s achieved yearly for greater than three many years.
As he offered the award to Finance Director David Clawson and Assistant Finance Director Sally DeFosse, Woodard commented, “On behalf of our board, David, I want to congratulate you and Sally—and your staff—for making this achievement year after year after year. Thank you and your staff for the job that you do. It’s incredible, and we’re fortunate to have you guys.”
To view Dare County’s award-winning Annual Comprehensive Financial Report for the fiscal 12 months that ended on June 30, 2022, please click on the button beneath.