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The original item was published from 3/29/2022 7:44:00 AM to 4/15/2022 4:35:05 PM.

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City of Fitchburg

Posted on: March 29, 2022

[ARCHIVED] City Receives Certificate of Achievement for Excellence in Financial Reporting

Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the City of Fitchburg's Finance Department for its annual comprehensive financial report for the fiscal year ended December 31, 2020. The report 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 report. GFOA established the award in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles.

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.

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