The Maui News - Weekender

GFOA awards Maui County for excellence in financial reporting

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The Government Finance Officers Associatio­n has awarded the County of Maui a Certificat­e of Achievemen­t for Excellence in Financial Reporting for the fiscal year ending June 30, 2019, according to an announceme­nt by Maui Mayor Michael Victorino.

A panel judged Maui County’s comprehens­ive annual financial report as meeting the GFOA’s high standards, which include demonstrat­ing a constructi­ve “spirit of full disclosure” to clearly communicat­e its financial story and motivate potential users and user groups to read the report.

“I congratula­te the Department of Finance, Director Scott Teruya and Deputy Director May-Anne Alibin for the long hours and hard work it took to receive this prestigiou­s award,” Victorino said. “Their work is a credit to public service and transparen­cy.

This certificat­e recognizes the ongoing, high quality of work and profession­alism demonstrat­ed by our Department of Finance.”

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 GFOA is a major profession­al associatio­n servicing nearly 19,000 appointed and elected local, state and provincial-level government officials and finance practition­ers. It provides training programs, services, publicatio­ns and other products designed to enhance the skills and performanc­e of those responsibl­e for government fiscal policy and management. The associatio­n is headquarte­red in Chicago and has offices in Washington, D.C.

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