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07-22-08 Chesterfield County Receives Top Financial Award For 27th Consecutive Year
 
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Director of Accounting
Patsy Brown

Phone Numbers
(804) 748-1673
(804) 706-7601 Main Fax
(804) 318-8796 AP Fax

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8:30 a.m. - 5 p.m.
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Chesterfield County
Accounting Department
PO Box 40
Chesterfield, VA 23832-0040

Street Address
9901 Lori Road
Second Floor, Room 203
Chesterfield, VA 23832
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2008 News Releases

For Immediate Release

Chesterfield County Receives Top Financial Award For 27th Consecutive Year

July 22, 2008
Public Affairs

CHESTERFIELD COUNTY, VA - For the 27th consecutive year, Chesterfield County has earned national recognition by the Government Finance Officers Association of the United States and Canada, or GFOA, for its comprehensive annual financial report. The county received a Certificate of Achievement for Excellence in Financial Reporting.

This achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by Chesterfield County. "This recognition reflects the county's commitment to open government by achieving the industry standard of 'spirit of full disclosure' in addition to using generally accepted accounting principles.

The county's ability to continually receive this level of achievement is viewed positively by credit-rating agencies and others interested in examining the professionalism of a government's finance function. This contributes to the county's ability to maintain an AAA bond rating, the highest level attainable," said Accounting Director Mary Lou Lyle. The GFOA is a nonprofit professional association serving approximately 17,000 government finance professionals with offices in Chicago and Washington, D.C.



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