MURFREESBORO, TN – For the 12^th year in a row, the Certificate of Achievement of Excellence in Financial Reporting has been awarded to the City of Murfreesboro by the Government Finance Officers Association of the United States and Canada (GFOA).

The award is presented to Murfreesboro City Recorder and Director of Finance Melissa B. Wright.

The Certificate of Achievement in Financial Reporting is the highest form of recognition in the area of governmental accounting and financial reporting, according to GFOA, and its attainment represents the highest and best among government and management accomplishments.

A commemorative plaque will be mailed to the City of Murfreesboro and its Tax and Finance Department.

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.

Reports submitted to the CAFR program are reviewed by selected members of the GFOA professional staff and the GFOA Special Review Committee (SRC), which comprises individuals with expertise in public-sector financial reporting and includes financial statement preparers, independent auditors, academics, and other finance professionals.

City Manager Rob Lyons said, “This award recognizes the efforts of City Finance Director Melissa Wright, Assistant Finance Director Erin Tucker, their staff and the City’s Auditors, Jobe, Hastings and Associates to ensure the City’s financial reports are accurate and complete.  We are proud to again win this award and know that it demonstrates a commitment to professionalism and excellence regarding the city’s finances.”

The City’s comprehensive annual financial report, or audit as it sometimes referred to, is available to our residents on the City’s website.

GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, Ill. And Washington, D.C.