Summit County receives finance excellence award | SummitDaily.com

Summit County receives finance excellence award

Summit Daily Staff Report
news@summitdaily.com

Summit County's finance department brought home a national award for excellence in financial reporting for the 27th straight year. (Pictured from left to right; Front row): Traci Matlock, Karen King, Jeremy Voge, (Back row): Marty Ferris and Ryne Scholl.

Summit County's finance department is top notch.

For the 27th consecutive year, the county received a certificate of achievement for excellence in financial reporting from the Government Finance Officers Association of the United States and Canada (GFOA). The award is the highest form of recognition in the area of government accounting and financial reporting, and the GFOA states the honor "represents a significant accomplishment by a government and its management."

"We're stewards of Summit County tax dollars, and we take that responsibility very seriously," Marty Ferris, the county's finance director, said in a news release. "The fact that we've received this award every year for almost three decades is a testament to our commitment to accountability, transparency and fiscal responsibility."

The award is based on a governmental entity's comprehensive annual financial report. Those reports are judged by an impartial panel to meet GFOA financial reporting standards, including demonstration of a constructive "spirit of full disclosure" to clearly communicate the agency's financial story and motivate potential users and user groups to read the report.

The GFOA is a nonprofit professional association with offices in Chicago and Washington, D.C. It serves approximately 17,500 government finance professionals.

Summit County's comprehensive financial reports are available online at: http://www.summitcountyco.gov/finance.