City of Galesburg Acknowledged for Excellence in Financial Reporting

March 3, 2020 03:46 PM
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The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Galesburg by the Government Finance Officers Association of the United States and Canada (GFOA) for the City’s comprehensive annual financial report (CAFR) for the year ended December 31, 2018. 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. This is the 24th consecutive year the City of Galesburg has received this recognition. 
 
The City of Galesburg Finance Department, led by Gloria Osborn, Director of Finance and Information Systems, is primarily responsible for preparing the CAFR. The CAFR has been judged by an impartial panel to meet the high standards of the program including, demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
 
The Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 members and the communities they serve.
 
 

 

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