Posted: Jul 8, 2013 By: Hunter Moore
HOLBROOK, AZ —The Government Finance Officers Association (GFOA) of the United States and Canada announced the winners of its 2013 Awards for Excellence in Government Finance at its annual conference in June. The GFOA's prestigious awards recognize contributions to the practice of government finance that exemplify outstanding financial management. The awards stress practical, documented work that offers leadership to the profession and promotes improved public finance.
Navajo County was notified that they were the recipient of GFOA's distinguished Certificate of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR). The CAFR program was established in 1945 to encourage state and local governments to go beyond the minimum requirements of generally accepted principles to prepare comprehensive annual financial reports. The Certificate is the highest form of recognition in the area of governmental accounting and financial reporting, and is a significant accomplishment for Navajo County. This is the fourth year in a row that Navajo County has been so honored.
The award represents the commitment to fiscal responsibility that is held by all the elected officials and staff of the organization. “We are extremely proud of this honor,” said District V Supervisor Dawnafe Whitesinger. “This type of recognition reaffirms to me that we have the right people in the right places of our County. I would like to recognize Finance Director James Menlove, our Finance Department in general and the other parts of the County organization that have worked together so well to have consistently put such an outstanding budget together year after year.”
In order to receive this award, Navajo County had to satisfy nationally recognized guidelines for effective budget presentation. The guidelines are used to assess how well Navajo County's budget serves as a policy document, a financial plan, an operations guide and a communications device. There are fourteen criteria points within those categories that must be rated as “proficient” and Navajo County passed with flying colors.
I wish to express my sincere appreciation to each member of my staff for their many contributions to achieving this significant accomplishment. Though the individual contributions may vary, it takes a team effort to make sure our final product is both accurate and professional,” said James Menlove, Navajo County's Finance Director.
We are doing everything we can to use tax dollars in the best interests of our residents, and I think this award reaffirms that we are being responsible.”
“Out of all the public entities that exist in North America, only a small handful have received this honor,” commented Navajo County Vice-Chairman Jesse Thompson. “When you stop and think about the thousands, and tens-of-thousands of towns, cities, counties, school districts, universities and states over that area, you can really appreciate the magnitude of what this award represents.”