The City of Clinton has received the Government Finance Officers Association’s Certificate of Achievement for Excellence in Financial Reporting award. This is the twenty-fourth year in a row that Clinton has received this award. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting.
City Manager Frank Stovall said “This is an honor for our city. We strive for transparency and this award is a reflection of that hard work. Our Chief Financial Officer, Renee Morrow, and her staff do an excellent job of managing and reporting our finances and crafting an award winning annual audit that meets the high standards set forth by the GFOA.”
While Clinton has received this Certificate for the 24th consecutive year, it has also received GFOA’s Distinguished Budget Presentation Award for the last three years. Only 10% of South Carolina cities receive the Award in Financial Reporting (CAFR), less than 4% receive the Budget Presentation Award and only 3% receive both awards.
The Government Finance Officers Association is a nonprofit professional association serving over 17,500 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.