Hats off to the City of Austin. It recently received the Certificate of Achievement for Excellence in Financial Reporting. The Financial and Administrative Services Department for the City of Austin was one of 178 municipalities in Texas to earn the national award this year.
This honor is given to state and local governments by the US Government Finance Officers Association of the United States and Canada. It recognizes best practices in financial reporting, requiring recipients to exceed the basic requirements of generally accepted accounting principles (GAAP). The City of Austin’s Financial and Administrative Services Department has received high honors for its transparency and comprehensive presentation of the City’s annual financial report for 2010.
Congratulations to those who were recognized for their excellence. As an Austin real estate company, we at York understand the importance of having a government whose finance department shines in its annual reporting duties.