The Government Finance Officers Association (GFOA) has recognized Montgomery County with a Certificate of Achievement for Excellence in Financial Reporting. County Auditor Karl Keith has accepted the honor on behalf of the county and noted that Montgomery County has been recognized 25 years in a row.
Each year, the Auditor's accounting staff works with the Office of Management and Budget and the County Treasurer to release a Comprehensive Annual Financial Report (CAFR). The CAFR discloses the county's financial information, detailing how the public's money is spent, ensuring transparency and accountability.
An impartial panel of judges reviews financial reports from around the nation and chooses those meeting the highest standards and the "spirit of full disclosure" for the award. It is the GFOA's highest honor in governmental accounting and financial reporting.
Auditor Keith believes his accounting staff deserves most of the credit. "I am proud of my staff's hard work and attention to detail," he said. "To win this honor 25 years in a row really speaks to their knowledge and ability. I'm proud to lead a team of professionals with such a high level of commitment to excellence."