COHASSET– Town Manager Christopher Senior is pleased to announce that the Town of Cohasset has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) for fiscal year 2019.
The certificate is the highest form of recognition in governmental accounting and financial reporting, and is a significant achievement for the Town of Cohasset. This is the town’s eighth consecutive year receiving the award.
“We are honored to receive this award from the GFOA,” Town Manager Senior said. “I am proud of everyone who works within our financial team for their hard work and dedication to our community’s financial transparency.”
To receive the Certificate of Achievement for Excellence in Financial Reporting, the Town of Cohasset had to satisfy nationally recognized standards for financial reporting. These standards included demonstrating a spirit of financial full disclosure and to motivate potential users to read the Comprehensive Annual Financial Report (CAFR).
The Town of Cohasset’s application was reviewed by an impartial panel of individuals from the government, public accounting profession, and members with specialized expertise in government financial reporting.
“I feel very fortunate to be working with a financial team and community that values financial discipline and transparency,” Cohasset Treasurer/Collector Paula Linhares said. “We are all extremely proud that we have been awarded this certificate of excellence for the eighth year in a row.”
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting program in 1945 as a way to encourage and assist state and local governments to prepare comprehensive financial reports that are transparent and offer full disclosure while recognizing individual governments that achieve this goal.
“I would like to thank the Government of Finance Officers Association for this recognition and everyone on the financial team who helped us to achieve this success,” Cohasset Finance Director Don Piatt said. “The Comprehensive Annual Financial Report goes above and beyond the Town’s annual reporting requirements. It shows the Town of Cohasset’s continued commitment of financial transparency to its residents and stakeholders.”
The Government of Finance Officers Association (GFOA) was founded in 1906 to represent public finance officials throughout the United States and Canada. The GFOA serves the needs of more than 20,000 federal, state/provincial, and local financial government officials. The GFOA provides top quality publications, training programs, services and products designed to enhance the skills and performance of those responsible for government finance, policy and management.