Certificate of Achievement for Excellence in Financial Reporting Award
The Government Finance Officers Association (GFOA) of the United States and Canada awards an annual Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is a prestigious national award-recognizing conformance with the highest standards for preparation of state and local government financial reports.
In order to be awarded a Certificate of Achievement, a governmental unit must publish and easily readable and efficiently organized Comprehensive Annual Financial Report (CAFR), whose content conforms to program standards. The report must satisfy both generally accepted accounting principles and allocable legal requirements.
The City of Gainesville has received a Certificate of Achievement in each year in which it has been eligible since the inception of the program in 1951.
Distinguished Budget Presentation Award
The Government Finance Officers Association (GFOA)
of the United State and Canada, awards the Distinguished Budget Presentation for Financial and Operating Plans. The Distinguished Budget Presentation Award is a prestigious national award.
The award represents a significant achievement for the City of Gainesville. In order to receive this Budget Award, the city must satisfy nationally recognized guidelines for effective budget presentations. These guidelines are designed to assess how well the city’s budget serves as a policy document, a financial plan, an operations guide, and a communication device.
Budget documents must be rated “proficient” in all four categories to receive the award. The City of Gainesville has received this award for the past 25 consecutive years.