The Town of Gilbert stands once again in the spotlight of financial accountability, having received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its annual comprehensive financial report for the fiscal year ending June 30, 2023. This marks the 33rd year in a row that Gilbert has managed to secure this commendation, as per the Town of Gilbert.
A government must strive to consistently embody transparency and precision to be eligible for such an honor. The criteria demand not only a report that meets generally accepted accounting principles but also should be easily readable and efficiently organized, not to forget meeting all applicable legal requirements, according to the Town of Gilbert. It is a badge of reliability and a whisper of confidence to the citizens who often look to see their economic landscape mapped out.
The comprehensive annual financial report is a critical document that serves as a cornerstone for the how financial health and operation of a municipal government are to be methodically scrutinized and understood by its citizens. The report for the fiscal year ending June 30, 2023, can be reviewed by the public who can observe the detailed financial data that has merited this year's award at Gilbert’s FY 2023 Comprehensive Annual Financial Report.
