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Saturday, November 23, 2024

Concord receives GFOA's triple crown award

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William C. "Bill" Dusch, City of Concord | City of Concord website

William C. "Bill" Dusch, City of Concord | City of Concord website

The Government Finance Officers Association of the United States and Canada (GFOA) has honored the City of Concord with the Award for Outstanding Achievement in Popular Financial Reporting. This recognition is for the City's FY2020 Popular Annual Financial Report (PAFR). It marks the first time Concord has prepared a PAFR and applied for this award. Achieving this accolade on their initial submission underscores the commitment and effort of the budget and finance staff toward transparent financial reporting.

This award also designates Concord as a Triple Crown Winner. The city has now received Achievement Awards for its Annual Financial Report, Annual Operating Budget Document, and PAFR. As of 2019, around 290 entities across the US and Canada have been recognized as Triple Crown Award winners, with only 13 cities or counties in North Carolina achieving this status.

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