On May 9, Montgomery County Auditor Karl Keith announced that Montgomery County was recognized by the Government Finance Officers Association (GFOA) with their Certificate of Achievement for Excellence in Financial Reporting.
According to the GFOA, the award is the highest form of recognition in governmental accounting and financial reporting. It recognizes the year-round work of the county’s accounting department, led by Keith, to prepare a 300-page Annual Comprehensive Financial Report (ACFR). The report summarizes the county’s more than $1.2 billion in annual revenue and expenditures.
This is not the first year that Montgomery County has won the award. In fact, Keith’s accounting staff have earned the commendation each of the 23 years since he became county auditor in 2000.
“Preparing the annual financial report for a billion-dollar organization is no easy feat, and our accounting staff work diligently to ensure that it is assembled accurately each year,” said Keith. “I appreciate my team, and all the finance officers throughout county government, for their hard work to ensure that the county’s finances are in order.”
The GFOA is the national association of finance professionals in local, state and federal governments. The organization provides professional development and research services for its 21,000 members nationwide, which include school treasurers, budget directors, accountants and other finance officials.
Montgomery County’s 2021 annual financial report and others from previous years can be found on mcauditor.org.