[Durham INC] Durham Finance Dept. Earns National Reporting Honor

[Blalock, Amy]

CITY OF DURHAM

Office of Public Affairs

101 City Hall Plaza

Durham, NC 27701

 

 

News Release

 

News Media Contact:

Amy Blalock

Sr. Public Affairs Specialist

(919) 560-4123 x 11253

(919) 475-7735 (cell)

Amy.Blalock at DurhamNC.gov 

http://Facebook.com/CityofDurhamNC 

http://Twitter.com/CityofDurhamNC    

 

For Immediate Release: July 25, 2012

 


Durham Finance Department Earns National Reporting 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 eighth consecutive year for outstanding
achievement by the Government Finance Officers Association of the United
States and Canada (GFOA). Durham is also the only city in North Carolina
that currently holds all three national awards for its Budget document,
Comprehensive Annual Finance Report, and the Popular Annual Financial
Report from the GFOA.

 

The Citizens' Financial Report is an annual publication providing an
overview of the City's financial condition and 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, 2011.

 

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,"
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 and visit the City's
Strategic Plan website to learn more about how we're working to achieve
our goal of being a well-managed city."  

 

A copy of the Citizens' Financial Report is currently available on the
City's website at 
http://durhamnc.gov/ich/as/fin/Documents/Finance/citizens_fin_report11.p
df. 

 

For more information about the City's Strategic Plan, visit 
http://www.DurhamNC.gov/StrategicPlan/Goals.  

 

For more information about the GFOA, visit http://www.gfoa.org
<http://www.gfoa.org/> .

 

About the Finance Department

Guided by the City's Strategic Plan, the Finance Department helps to
ensure that Durham is a well-managed city that is accountable,
transparent, and efficient. The department assists the City Council,
City Manager, and City departments with the management of financial
resources and activities including debt and cash management, payroll,
vendor payment, financial reporting, purchasing, and revenue collection.
Finance staff also coordinates risk management activities such as claims
administration and employee safety programs. 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 
http://DurhamNC.gov/ich/as/fin/Pages/Home.aspx.

 

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