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Town of Leesburg Receives Excellence in Financial Reporting Award for 30th Straight Year

Post Date:05/26/2017 4:21 PM

Leesburg, VA (May 26, 2017) – The Government Finance Officers Association (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the Town of Leesburg for its Fiscal Year 2016 Comprehensive Annual Financial Report (CAFR). Leesburg has received this award for thirty consecutive years.

The GFOA’s Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. Attainment of this award represents a significant accomplishment by a government organization and its management. In order to receive the certificate, an impartial panel judged the Town’s CAFR as meeting the high standards of the GFOA’s program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate the Town’s financial story and to motivate users to read the CAFR.

The GFOA also presented an Award of Financial Reporting Achievement to Clark G. Case, Leesburg’s Director of Finance and Administrative Services, as the individual primarily responsible for preparing the award-winning CAFR.

“The annual budget document is a plan for the coming year, but the CAFR is how we demonstrate to the taxpayers that we did what we said we were going to do with their money last year,” said Kaj Dentler, Leesburg’s Town Manager. “This award provides Leesburg’s residents and property owners with confidence that we are good stewards of the Town’s financial resources.”

The Government Finance Officers Association is a non-profit professional association serving over 17,600 government finance professionals throughout North America.

Media Contact:
Betsy Arnett
Public Information Officer 

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