The metropolis of Dalton’s Finance Division has as soon as yet again been recognized for its dedication to transparency and excellence by the Govt Finance Officers Association. The section has received the Certificate of Accomplishment for Excellence in Economic Reporting, the highest type of recognition in governmental accounting and economic reporting, for the 20th consecutive calendar year.
The certificate is introduced centered on a review of the Annual In depth Money Report (ACFR) prepared by the Finance Department and supervised by Chief Monetary Officer Cindy Jackson. The latest certificate of excellence was specified for the report covering the 2021 fiscal year.
Just about every city in Ga is demanded to prepare an independently audited monetary report yearly covering the prior fiscal calendar year. The report goes outside of what is demanded by state regulation and incorporates far more info about the city’s funds than just the raw figures. The report contains a Administration Discussion and Examination, a transmittal letter and a statistical report. These reviews give citizens with a complete understanding of the city’s financial standing, achievements and future options.
According to Jackson, “Getting ready an ACFR and earning this certification is just heading above and over and above what you have to do. It’s just a tiny bit even more stage up to clearly show more professionalism and transparency with all of the details.”
She included, “These reviews are how people can uncover out all of the data about a city. It has a great deal of budget details, and you can see the tendencies on tax collections, tax rates, sales tax data and details down to the amount of service phone calls for the police and hearth departments. It is acquired a whole lot of great information and facts so you can uncover out about your group.”
The Certificate of Achievement for Excellence in Financial Reporting recognizes the city’s determination to fiscal transparency and seem financial management. The Finance Office and Jackson have the moment again demonstrated their dedication to giving citizens with the info they require to make knowledgeable decisions about the city’s long term.
“If we just gave you a fiscal assertion it would be quantities, but the ACFR tells you what we did, what transformed during the calendar year and what we are carrying out in the potential so it offers you a considerably clearer photo,” Jackson stated.
The Authorities Finance Officers Association is a expert affiliation of condition/provincial and neighborhood government finance officers in the United States and Canada. The association innovations excellence in govt finance by supplying very best procedures, qualified enhancement, means and useful study for more than 19,000 members and the communities they serve.
You can evaluate the city’s 2021 report and reviews back to 2007 at daltonga.gov/finance.