Newton Wins Financial Reporting Award

NEWTON, NC (June 21, 2018)—For the 33rd consecutive year, the city of Newton has been awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting.

The Newton Finance Department was presented with the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for the city’s comprehensive annual financial report (CAFR) for fiscal year 2017. The certificate is the highest form of recognition in the areas of governmental accounting and financial reporting. Attainment of the certificate represents a significant accomplishment by a government and its management, according to GFOA.

Members of the Finance Department were honored for winning the award at the June 19 Newton City Council meeting.

“For more than three decades, Newton’s Finance Department has dedicated itself to the highest standards of accounting and financial reporting,” Newton Mayor Anne P. Stedman said. “Finance Department staff work throughout the year to keep the city’s finances in good order, which is helping Newton build its brilliant legacy into a bright future. I would like to congratulate our finance staff and thank them for working hard to earn this award for a remarkable 33 consecutive years.”

“Thirty-three consecutive years of receiving this prestigious award is a reflection of the city’s continued commitment to providing a higher standard in governmental accounting, financial reporting, transparency, and accountability to our citizens and the general public,” said Newton Finance Director Serina Hinson.

The GFOA established the certificate program in 1945 to encourage and assist governments to go beyond the minimum requirements of generally accepted accounting principles. Newton’s comprehensive annual financial reports are evidence of the city’s spirit of transparency and dedication to full disclosure.

An impartial panel awards the certificate after determining that a government meets the GFOA’s high standards and demonstrates a constructive spirit of full disclosure to clearly communicate its financial story and motivate people to read its annual financial report.

The GFOA is a nonprofit professional association that serves more than 19,400 government finance professionals throughout the United States and Canada.
Newton financial reporting award

The city of Newton recently was awarded the Certificate for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada. Pictured above from left are Assistant Finance Director Kelsie Mease, City Manager Todd Clark, Customer Service Representative Annette McKinney, Mayor Anne P. Stedman, Warehouse Assistant Beverly Ruppert, Mayor Pro Tem John Stiver, Customer Service Representative Julie Wright, Council Member Jody Dixon, Accounts Payable Specialist Kathy Starnes, Council Member Ed Sain, Customer Service Representative Jessica Kanipe, Revenue and Tax Collector Ronald Ingram, Billing Specialist/Customer Service Manager Tammy Bentley, Collections Specialist Amy Overcash, Council Member Jerry Hodge, Council Member Anne Abernethy Wepner, Council Member Tom Rowe, and Finance Director Serina Hinson.