The Government Finance Officers Association of the U.S. and Canada (GFOA) awarded the Township of Upper St. Clair with the Certificate of Achievement for Excellence in Financial Reporting for the Township’s comprehensive annual financial report (CAFR). The Township also earned the GFOA’s Distinguished Budget Presentation Award for the 2018 budget document. During the Board of Commissioners’ February meeting, Commissioner Daniel Paoly formally recognized the Finance Department for both achievements.
The CAFR award is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. The CAFR is judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
The budget award reflects the Township’s commitment to meeting the highest principles of government budgeting. The budget is judged on its proficiency in serving as a policy document, financial plan, operations guide, and communications device.
Upper St. Clair was one of only four municipalities in Pennsylvania to receive both awards.