Huntington – For the 20th year in a
row, the Town of Huntington has received recognition from the national
organization representing government finance professionals for transparency in
financial reporting practices.
“We are committed to the
transparency in financial reporting that this prestigious award recognizes and
it is something we will continue to hold ourselves accountable to for years to
come,” said Supervisor Chad A. Lupinacci.
The Town of Huntington has been
awarded the Certificate of Achievement for Excellence in Financial Reporting
for its comprehensive annual financial report (CAFR) for the year ending
December 31, 2017 by the Government Finance Officers Association (GFOA); this
is the 20th year the Town has achieved this recognition.
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.
The award was based on the GFOA’s
analysis of the Town’s comprehensive financial report (CAFR) for the year
ending Dec. 31, 2017. As noted in GFOA’s release about the award, “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..”
The Town of Huntington also received
the Distinguished Budget Presentation Award for its 2018 budget from the
Government Finance Officers Association (GFOA) for the seventh consecutive
The Distinguished Budget
Presentation Award is the highest form of recognition in governmental budgeting
and it represents a significant achievement for the Town of Huntington and its
Department of Audit and Control in meeting the highest principles of
Government Finance Officers
Association is a major professional association servicing the needs of more than
19,000 appointed and elected local, state, and provincial-level government
officials and other finance practitioners, headquartered in Chicago, Illinois,
with offices in Washington D.C.
In the photo (l-r): Deputy Director
of Audit & Control, Peter Leodis; Supervisor Chad A. Lupinacci with the
brass medallion commemorating the award on a plaque; Director of Audit &
Control/Comptroller, Peggy Karayianakis.