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Clayton Finance Wins Top Award

08/07/2019

Awards hanging on the wallWe’ve done it yet again! Clayton's Finance Department has won the industry's highest award for the 18th year in a row.

The Department's Comprehensive Annual Financial Report (CAFR) for last fiscal year has been awarded a "Certificate of Achievement for Excellence in Financial Reporting" by the Government Finance Officers Association of the United States (GFOA). It's the organization's top honor and the highest form of recognition in the area of governmental accounting and financial reporting. It represents a significant accomplishment by the Town and its management. The previous 17 reports won the high honor, too.

The CAFR is produced to provide the Mayor, Town Council, Town staff, residents, bondholders and the general public with useful information about the Town of Clayton's operations and financial position. We go well above and beyond the minimum accounting standards to make sure the work of our town is transparent and fully disclosed to taxpayers.

"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," the Association said in a statement announcing the honor.

This marks the 10th year in a row that Clayton Finance Director Robert McKie has helped our Town take home the award! Former Finance Director Nancy Medlin, now Clayton's Deputy Town Manager, took home the award 8 years in a row before that. 

"For me, the award is an accolade that represents a great accomplishment," said McKie, who works tirelessly to make this annual report transparent and informative.  

The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

Would you like to check out these award-winning documents for yourself? Head to our Annual Reports & Budgets page.

Government Finance Officers Association is a major professional association servicing the needs of over 20,000 appointed and elected local, state and provincial-level government officials and other finance practitioners. It provides publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington , D.C.

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