Government Finance Officers Association
203 North Lasalle Street, Suite 2700 Chicago Illinois 60601-1210
phone 312-977-9700. fax: 312-977-4806
September 8, 2003
NEWS RELEASE - For information contact: Stephen Gauthier (312) 977-9700
(Chicago) - - The Certificate of Achievement for Excellence in Financial Reporting has been awarded to:
Montgomery County, MD
by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). 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. Montgomery County has received the Certificate of Achievement more times than any other county in the nation – thirty-three times – as early as 1951 and consecutively for thirty-one years, since 1972.
An Award of Financial Reporting Achievement has been awarded to the individual (s), department or agency designated by the government as primarily responsible for preparing the award-winning CAFR. This has been presented to:
Karen Q. Hawkins, Controller
The CAFR has been judged by an impartial panel to meet the high standards of the program including 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 GFOA is a nonprofit professional association serving approximately 14,000 government finance professionals with offices in Chicago, Illinois, and Washington, D.C.