For the 42nd time, the Government Finance Officers Association of the United States and Canada (GFOA) awarded the City of San Marcos the Certificate of Achievement for Excellence in Financial Reporting. This award is for the 2018-2019 fiscal year.
The Certificate of Achievement is awarded to governments whose comprehensive annual financial reports meet high standards for transparency and clarity.
“The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting,” said Michele Mark Levine, GFOA’s Director of Technical Services. “Its attainment represents a significant accomplishment by a government and its management.”
To qualify for the award, the City of San Marcos’ comprehensive annual report was judged by the GFOA’s impartial review committee including representatives from government, public accounting, and academic professions.
The City of San Marcos joins more than 4,300 governments across the country to receive the Certificate of Achievement for Excellence in Financial Reporting.
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