The Government Finance Officers Association of the United States and Canada (GFOA) has recently honored the City of Jersey Village with the prestigious Certificate of Achievement for Excellence in Financial Reporting. This accolade, awarded for the city's annual comprehensive financial report for the fiscal year that concluded on September 30, 2022, represents the highest form of recognition in governmental accounting and financial reporting.

Rigorous Evaluation and Recognition

The annual comprehensive financial report of Jersey Village was thoroughly evaluated by an impartial panel from the GFOA. This panel, known for its stringent standards, acknowledged that the city's financial report excelled in its commitment to transparency and clarity. The city's efforts to go beyond the minimum requirements of generally accepted accounting principles are evident, as it demonstrates a constructive "spirit of full disclosure." This approach aims not just to outline the financial data but to tell the city's financial story in a way that is both comprehensive and comprehensible to a wide range of potential users and user groups.

Significance of the Award

Achieving the Certificate of Achievement underscores a significant accomplishment by the government and its management. It reflects the City of Jersey Village's dedication to financial integrity and accountability. The award symbolizes the city's proficiency in governmental accounting and its dedication to adhering to the highest standards of financial reporting.

Commitment to Excellence and Transparency

“We are immensely proud of our team's dedication to maintaining the highest standards in financial reporting and transparency, and we are honored to receive this award again. This Certificate of Achievement for Excellence in Financial Reporting is a testament to our city's unwavering commitment to fiscal accountability and transparency,” stated Mayor Bobby Warren. “It reflects the hard work and detailed attention that our staff brings to every aspect of our financial operations. This accolade is not just for the finance department; it's a win for all of Jersey Village, as it underscores our dedication to serving our community with integrity and excellence.”

This award demonstrates the City of Jersey Village’s commitment to maintaining robust financial systems, ensuring responsible stewardship of public funds, and providing clear and comprehensive financial information to its citizens.

Looking Ahead

As Jersey Village continues to build on this foundation of excellence, the city remains committed to upholding these high standards in all aspects of financial management and reporting. This acknowledgment by the GFOA serves not only as a recognition of past achievements but also as an inspiration for continued excellence in the future.

For more information about the City of Jersey Village’s financial reports or to learn more about the city’s financial policies and initiatives, please visit the city’s financial transparency webpage.