City of Buda recognized for excellence in financial reporting

Staff Reports

BUDA – Government Finance Officers Association of the United States and Canada (GFOA) recently awarded the Certificate of Achievement for Excellence in Financial Reporting to the City of Buda for its Annual Comprehensive Financial Report for the fiscal year ended Sept. 30, 2020.

The Annual Report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the report.

The GFOA’s 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.

“The City of Buda is pleased to earn this professional recognition. It is a reflection of the talented individuals who comprise the City’s Finance Department and their dedication and commitment to excellence in the work they do. It is also a demonstration of the sound financial policies and oversight of the City Council,” Deputy City Manager Micah Grau said.

The Government Finance Officers Association advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.