[Durham INC] Durham Finance Dept. Earns National Honor

[Blalock, Amy]

CITY OF DURHAM

Office of Public Affairs

101 City Hall Plaza

Durham, NC 27701

 

 

News Release

 

For Details, Contact:

Amy Blalock

Sr. Public Affairs Specialist

(919) 560-4123 x 11253

(919) 475-7735 (cell)

Amy.Blalock at DurhamNC.gov

 

 

 

 

For Immediate Release: August 2, 2011

 

 


 


Durham Finance Department Earns National Honor


Durham Only City in North Carolina to Win National Award for Government
Reporting


 

DURHAM, N.C. - Thanks to a recent award for outstanding achievement in
government reporting, the City of Durham is the only municipality in
North Carolina to have received this year's prestigious Government
Finance Officers Association Award for Excellence in Popular Annual
Financial Reporting.

 

The City of Durham's financial report, the Citizens' Financial Report,
has been recognized for the seventh consecutive year for outstanding
achievement by the Government Finance Officers Association of the United
States and Canada (GFOA). Durham is the only city in the North Carolina
that currently holds all three GFOA national awards for its Budget
document, Comprehensive Annual Finance Report, and the Popular Annual
Financial Report.

 

The Citizens' Financial Report is an annual publication providing an
overview of the City's financial condition and a summary of the City's
progress during the previous fiscal year. This year's award is for
Outstanding Achievement in Popular Annual Financial Reporting for the
fiscal year that ended June 30, 2010.

 

This national award recognizes the highest standards for preparation of
state and local government financial reports. In order to receive this
award, the City's Finance Department had to publish a report whose
contents had to conform to program standards of creativity,
presentation, understandability, and reader appeal.

 

"The report is an easy read about the financial status of the City and
helps us share with our residents how we are working to achieve our
Strategic Plan goal of being a well-managed city," said David Boyd,
director of the City's Finance Department. "The aim of the report is to
help keep city government transparent and accountable, and I encourage
all residents to read the report so they can understand how we are
efficiently managing their tax dollars to make Durham a leading city in
providing an excellent and sustainable quality of life."  

 

A copy of the Citizens' Financial Report is available on the City's
website at

www.DurhamNC.gov/Departments/Finance/pdf/citizens_fin_report10.pdf.  

 

For more information about the GFOA, visit www.GFOA.org.

 

About the City of Durham's Finance Department

The mission of the City's Finance Department is to professionally and
prudently enhance the City's financial position. The department is
divided into six divisions: the office of the director, accounting
services, treasury management, billing and collections, risk management
and safety, and purchasing. For more information, visit 
www.DurhamNC.gov/Departments/Finance.

 

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