The City of Rockport recently received its 16th straight Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive 2018-2019 annual financial report (CAFR).
Rockport is one of only 433 public entities in Texas (including 205 municipalities) to receive the award, and the only one in Aransas County.
Nationwide there were 4,354 awardees, of which 2,117 were cities. Of these, Rockport was one of just 329 (1.04%) cities in the U.S. with a population of under 10,000 to be recognized. In Texas, only 205 cities of any size received the Certificate.
According to City Manager Kevin Carruth, the Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting.
“The attainment of this award represents a significant accomplishment for the City and the Finance Department, which is responsible for its preparation,” said Carruth.
The CAFR is judged by an impartial panel to meet the high standards of the programs, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story.
GFOA is a professional association servicing the needs of nearly 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy management.