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Town of Leesburg news releases are automatically archived after 90 days. The website archive includes news releases from 2018 to the present. Older news releases can be found  on the Town's Laserfiche repository.

Town of Leesburg Receives Excellence in Financial Reporting Award for 32nd Consecutive Year

Post Date:06/21/2019 11:54 AM

Leesburg, VA (June 21, 2019) – The Government Finance Officers Association (GFOA) of the United States and Canada has awarded a Certificate of Achievement for Excellence in Financial Reporting to the Town of Leesburg for its Fiscal Year 2018 Comprehensive Annual Financial Report (CAFR). Leesburg has received this award for thirty-two 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.

“After getting the Certificate of Excellence in Financial Reporting award for 32 years, it is tempting to think of it as expected or to take it for granted,” commented Clark Case, the Town’s Director of Finance and Administrative Services.  “It really takes a lot of hard work to win this certificate each year. It is a real tribute to our Controller, Lisa Stillman, and the entire accounting and management team that the Town continues to perform at this level of excellence.”
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.

Media Contact:
Betsy Arnett
Public Information Officer

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