Marana wins award for financial reporting

The Town of Marana has received a 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 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.

Marana honored for Financial Reporting.

Marana honored for Financial Reporting.

This marks the 10th time since 2008 that the Town of Marana’s Finance Department has earned the Certificate of Achievement for Excellence. The Town has also been awarded the GFOA’s Distinguished Budget Presentation Award every year since 2007.

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.

GFOA 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.

The Town of Marana is serious about financial transparency. In addition to posting several years of financial documents including Budget Books, Budget Reports, Quarterly Financial Briefs, and a variety of Financial Reports, the Town also has a financial transparency database provides information from the Marana Financial System, which enables a clear view of the government’s operations.