Awards & Recognition
Excellence in Financial Reporting
For the sixth year in a row, the Greene County Board of Commissioners and County Manager Byron Lombard received a rare, gold star from the Government Finance Officers Association (GFOA) for its 2015 audit. Called the Certificate of Achievement for Excellence in Financial Reporting, the award is only given to a few governments across the nation that exhibit sound governmental accounting and demonstrate a commitment to making their finances easily accessible.
According to the GFOA, less than 22 percent of counties in Georgia were awarded the honor in 2014, with Greene County the smallest Georgia county to receive the award. Most counties typically recognized are more urban and suburban counties of Georgia. In fact, of U.S. counties with fewer than 25,000 people, only 4.37% were awarded the Certificate for Excellence in Financial Reporting in 2014.
“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,” states the Government Finance Officers Association.
Reasons For Recognition
The award was given after an impartial panel from the GFOA evaluated Greene County’s comprehensive annual financial report. The panel found that Greene County’s financial reports met GFOA’s high standards – including demonstrating a constructive “spirit of full disclosure” to clearly communicate Greene County’s financial story.
“It is encouraging when an independent, outside group that specializes in governmental accounting practices reviews our efforts and provides the county feedback of this type,” said County Manager Byron Lombard, “It is probably the best measure to gauge the county’s financial stability and practices.”
Lombard is quick to point out that, “the management team deserves the recognition, especially the Finance Manager, who work together to ensure that high standards are applied as we carry out our financial practices.”