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The original item was published from 11/14/2023 1:09:00 PM to 1/2/2024 12:00:01 AM.

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Linn County Front Page News

Posted on: November 14, 2023

[ARCHIVED] Linn County Earns Awards for Excellence in Financial Reporting

Linn County News, image of Jean Oxley Public Service Center

The Government Finance Officers Association (GFOA) of the United States and Canada has awarded Linn County the Certificate of Achievement for Excellence in Financial Reporting for the County’s Annual Comprehensive Financial Report (ACFR) and the Award for Outstanding Achievement in Popular Annual Financial Reporting for its Popular Annual Financial Report (PAFR) for the fiscal year ended June 30, 2022. This is the 34th consecutive year Linn County has received this recognition for its ACFR and the 25th consecutive year Linn County has received this recognition for its PAFR. 

The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting. The award signifies that Linn County demonstrates full disclosure of its finances.

The 12-page PAFR is a shorter, less technical summary of Linn County’s financial condition compared to the 100-plus page ACFR. The PAFR gives residents easy-to-understand financial information and highlights Linn County’s accomplishments and major initiatives of the past year. Linn County produces the PAFR as part of its ongoing commitment to keep residents informed about the County’s finances and to be accountable for the receipt and expenditure of public funds.

A panel of judges reviews each report and evaluates them based on a set of industry standards.

Linn County earned the Triple Crown Medallion by achieving all three GFOA awards for fiscal year 2022: the Certification of Achievement for Excellence in Financial Reporting, the Popular Annual Financial Reporting Award, and the Distinguished Budget Presentation Award. 

These GFOA awards reflect the County's commitment to maintaining excellence in budgetary and financial management and accountability to taxpayers, all of which are part of Linn County’s strategic plan.

View Linn County’s Annual Comprehensive Financial Report, Popular Annual Financial Report, and annual budget online or request copies by calling 319-892-5000. 

About GFOA

The Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve. Visit www.gfoa.org for more information. 

 

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