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Carrboro Town News

Posted on: October 28, 2020

Town of Carrboro Receives Financial Reporting Award

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The Town of Carrboro has received an award for exceptional financial reporting from the Government Finance Officers Association (GFOA).

The award is the Certificate of Achievement for Excellence in Financial Reporting for the comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2019. 

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 and user groups to read the 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.

Government Finance Officers Association (GFOA) 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.

The Town of Carrboro CAFR and annual budget documents can be found on the Finance Department’s webpage at http://townofcarrboro.org/250/Financial-Documents



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