City audit honored for ninth consecutive year

The City of San Angelo’s Finance Department has for the ninth consecutive year earned the Certificate of Achievement for Excellence in Financial Reporting for its 2021 Annual Comprehensive Financial Report (ACFR) from the Government Finance Officers Association (GFOA) of the United States and Canada.

According to the GFOA, the award is the “highest form of recognition in governmental accounting and financial reporting, and it “represents a significant accomplishment by a government and its management.”

The City’s ACFR is the annual financial audit of the City conducted by external auditors and approved by City Council. The ACFR for the fiscal year that ended Sept. 30, 2021, demonstrates “a constructive spirit of full disclosure to clearly communicate its financial story,” the GFOA stated.

The GFOA advances excellence in government finance by providing best practices, professional development, resources and research for more than 20,000 members and the communities they serve.