In an era where financial transparency is akin to a public service, the City of Tulsa has set a robust standard, earning the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) for a striking 43rd consecutive year. This recognition, recently announced by the city, highlights the City of Tulsa’s Accounting Division and Finance Department’s unwavering dedication to providing clear and comprehensive fiscal information.
The City’s Annual Comprehensive Financial Report for the fiscal year that ended on June 30, 2024, was put under the microscope by an independent panel of judges. According to the official statement from the City of Tulsa, the report “was found to meet the GFOA’s rigorous standards for transparency, clarity, and full disclosure.” Hopping with financial users, stakeholders, and residents of Tulsa, the awarded financial report is crafted to aid them in making informed decisions.
Achieving the GFOA Certificate of Achievement is widely recognized as the pinnacle of success in the sphere of governmental accounting and financial reporting. The award is a testament to the city’s prolonged commitment to fiscal responsibility. And while this might sound like par for the course, such consistency in excellence is anything but typical; it’s emblematic of a deeper, institutional dedication to transparency and accountable governance…