skip to Main Content
The City of Newton was honored recently with the Certificate of Achievement for Excellence in Financial Reporting for the 38th consecutive year. Newton Finance Department staff seated from left are Lynn Triplett, Kimberley Robinson, and Risha McCorkle. Standing from left are Jesse Weiss, Tonya Byrd, Tammy Bentley, Sarah Bell, Ronnie Ingram, Angela Maynor, Sarah Kate Pedraza, and Meredith Mull. Not pictured is Deidre Summers.
Photo courtesy of Alex Frick, City of Newton Communications and Marketing Director

City Of Newton Receives Financial Award

For the 38th consecutive year, the City of Newton has been awarded the Certificate of Achievement for Excellence in Financial Reporting. The Newton Finance Department received the certificate from the Government Finance Officers Association of the United States and Canada (GFOA) for the city’s annual comprehensive financial report for the fiscal year that ended June 30, 2022.

The certificate is the highest form of recognition in the areas of governmental accounting and financial reporting. Attainment of the certificate represents a significant accomplishment by a government and its management, according to GFOA. The GFOA established the certificate program in 1945 to encourage and assist governments to go beyond the minimum requirements of generally accepted accounting principles.

An impartial panel awards the certificate after determining a government meets GFOA standards and demonstrates a constructive spirit of full disclosure to clearly communicate its financial story and motivate people to read its annual financial report. Newton’s annual financial reports and other finance documents are available at www.newtonnc.gov/financialdocuments.

GFOA is a nonprofit professional association that serves more than 21,000 government finance professionals throughout the United States and Canada.