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Town of Huntington, NY - News Details

3/13/2019 - Town Awarded for Transparency in Financial Reporting

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 year.

 

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 governmental budgeting.

 

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.

 

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