City Of Portland Awarded Certificate Of Achievement For Excellence In Financial Reporting

Press release from the City of Portland:

December 22, 2020

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the City of Portland for its comprehensive annual financial report for the fiscal year ended June 30, 2019. The report has been 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 its financial story and motivate potential users and user groups to read the report.

Finance Director Brendan T. O’Connell noted “We have such a great financial team here at the City and we’re thrilled that the GFOA has recognized us for going above and beyond the normal financial reporting requirements in the spirit of transparency and full disclosure.”

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.

Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.

This press release was produced by the City of Portland. The views expressed here are the author’s own.