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Posted on: October 11, 2022

Chesterfield Named a GFOA Triple Crown Winner for FY2020

Oct. 11, 2022

Accounting/Budget and Management


The Government Finance Officers Association of the United States and Canada (GFOA) has named Chesterfield County as a 2020 Triple Crown winner.

 

The GFOA Triple Crown designation recognizes governments who have received GFOA’s Certificate of Achievement for Excellence in Financial Reporting, Popular Annual Financial Reporting Award, and Distinguished Budget Presentation Award for a fiscal year.

 

Chesterfield is one of just 317 government that received the Triple Crown for 2020, the first year the designation has been available. 

 

“To achieve this type of recognition in the first year that the designation is offered is such an honor,” said Director of Accounting Consuela Wilson. “But this could not have happened without staff from both Accounting and Budget who do the work to analyze and compile the data that is presented. We are extremely thankful for their efforts and for the incredible job they do in helping to make a recognition like this possible for Chesterfield County.”

 

“We are very thankful for this recognition from the Government Finance Officers Association,” said Budget and Management Director Gerard Durkin. “Receiving this designation says a great deal about the people, the processes, and the commitment to accurate reporting that we strive to achieve here in Chesterfield County. To be one of just 317 governments to receive this honor speaks to the time and effort that staff take in doing this work as well as the culture we have established together.

 

The Triple Crown represents “a significant achievement,” per GFOA. To qualify, each entity must meet the high standards of all three separate award programs. Each award program recognizes governments that produce reports which communicate their financial stories in a transparent manner and meet applicable standards.

 

 

FY2020 was the 40th consecutive year that Chesterfield received the Certificate of Achievement for Excellence in Financial Reporting.

 

To learn more about GFOA’s programs, visit https://www.gfoa.org/awards.

 

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