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HomeMy Public PortalAboutTOL NR 2021-09-02 Town of Leesburg Receives Popular Annual Financial Reporting Award Town of Leesburg News Release For Immediate Release September 2, 2021 Media Contact: Leah Kosin, Assistant Public Information Officer lkosin@leesburgva.gov  703-771-2781 Town of Leesburg Receives Popular Annual Financial Reporting Award Leesburg, VA (September 2, 2021) – The Government Finance Officers Association (GFOA) of the United States and Canada has given the Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR) to the Town of Leesburg. This is the first time the Town has received this award. The Fiscal Year 2020 report is a supplement to the Fiscal Year 2020 Annual Financial Report (AFR) and includes financial information for the Town’s General Fund. The goal is to provide residents with an easy-to-read explanation of the Town’s finances during Fiscal Year 2020 (July 1, 2019 through June 30, 2020). Attainment of this award represents a significant accomplishment by a government organization and its management. A number of requirements must be met including an evaluation of information presented, reader appeal, understandability, and distribution. “Congratulations to the Town’s Accounting Team and other Town staff who worked on this project,” said Director of Finance and Administrative Services Clark Case. “This is a relatively new program at the GFOA and very few local governments have won it. We are grateful to the Town’s Public Information Office for their help with the project.” By receiving this award in addition to the annual awards for finan cial reporting and budget presentation, the Town is now a GFOA Triple Crown winner. In 2019, only nine localities in Virginia, three cities and six counties, received the GFOA Triple Crown, potentially placing Leesburg in the top 3% of Virginia localities. Government Finance Officers Association is a major professional association servicing the needs of over 20,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, a nd products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington, D.C. # # #