The city of Holly Springs has accepted its sixth consecutive Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its 2017 comprehensive annual financial report.
“The CAFR 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 or user groups to read the CAFR,” the GFOA’s announcement reads.
City Manager and Finance Director Robert Logan was presented with the award.
“We are fortunate that our mayor and city council see the importance of transparency in our financial reporting and have given us the resources to prepare a Comprehensive Annual Financial Report,” Logan said. “Our entire team works together to pull the data for inclusion in the statistical section of the CAFR each year. It is truly a collaborative effort of all departments in the City of Holly Springs.”
This honor is the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment alone represents a significant accomplishment by a government and its management.
The GFOA was founded in 1906 and represents public finance officials throughout the United States and Canada. With more than 19,400 members, GFOA seeks to meet the needs of those members by providing best practice guidance, consulting, networking opportunities, publications, recognition programs, research and training opportunities. GFOA’s mission is to advance excellence in state and local government financial management.
The Holly Springs CAFR is available for viewing at www.hollyspringsga.us/fy17audit.