News
News Flash • City wins national award for financial reporting
Government Report Honor Received for 20th Consecutive Year
The City of Danville has been honored with the Certificate of Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for the 20th consecutive year. This prestigious award underscores the department’s unwavering commitment to transparency and financial integrity.
The award recognizes the City’s Comprehensive Annual Financial Report, which tracks the City’s financial well-being, and comes as the City Council adopted the annual budget for the 2024-2025 fiscal year earlier this month. Creating a balanced and effective budget in the current economic climate requires significant expertise and precision, reflecting the high standards recognized by the GFOA award.
The GFOA Certificate of Achievement program encourages and assists state and local governments to go beyond the minimum requirements of generally accepted accounting principles. The program recognizes individual governments that achieve a high level of transparency and full disclosure in their financial reporting. An impartial panel judged Danville’s comprehensive financial report to meet the program’s rigorous standards.
For more information about the City of Danville’s budget or to review the Comprehensive Annual Financial Report, visit www.danville.ca.gov/budget.