The City of Gaithersburg has received the Certificate of Achievement for Excellence in Financial Reporting for the 45thconsecutive year and the Distinguished Budget Presentation Award for the 22nd consecutive time, both from the Government Finance Officers Association of the United States and Canada (GFOA).
The City’s comprehensive annual financial report for the fiscal year ended June 30, 2022, was 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 report. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting.