Mebane honored for its comprehensive annual financial report

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Mebane by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). The Government Finance Officers Association is a major professional association servicing the needs of over 20,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners.

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Mebane by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR).

“Mebane’s Finance Department has again received the award for excellence in financial reporting from the Government Finance Officers Association,” City of Mebane Finance Director Jeanne Tate said. “This award is for last year’s financial statements, and indicates that the City is using recommended best practices in financial reporting and meets all the standards of that group, in addition to meeting State and Federal requirements.  Submitting our financial statements for this additional review is voluntary, and demonstrates the City’s commitment to excellent financial stewardship.”

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. An Award of Financial Reporting Achievement has been awarded to the individual(s) or department designated by the government as primarily responsible for preparing the award-winning CAFR. 

The CAFR 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 CAFR. 

The Government Finance Officers Association is a major professional association servicing the needs of over 20,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington, D.C..