CARMEL, NY – Putnam County Executive MaryEllen Odell announced that Putnam County has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR).
The Certificate of Achievement, according to the GFOA, is judged by an impartial panel and is the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment represents a significant accomplishment by a government and its management.
Being recognized with the Certificate of Achievement means that Putnam County has demonstrated a “spirit of full disclosure” to clearly communicate its financial story.
Odell remarked, “The Certificate of Achievement is a recognition that Putnam County is committed to open, transparent government.”
Leg. Joseph Castellano, who is Chairman of the Legislature and its Audit and Administration committee agreed. “Both the County Executive and the Legislature work cooperatively to ensure that the people of Putnam County are aware of how their taxpayer dollars are spent,” he said.
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.