Knoxville receives two GFOA awardsd

Knoxville’s Finance Department has continued its record-setting streak of recognition by its North American peers with not one but two prestigious awards. The Government Finance Officers Association (GFOA) has honored the city’s finance department with its 38th annual Certificate of Achievement for Excellence in Financial Reporting and its 36th consecutive Distinguished Budget Presentation Award. The Excellence in Financial Reporting certificate is considered “the highest form of recognition in governmental accounting and financial reporting,” according to GFOA. Meanwhile, the Distinguished Budget Presentation Award recognizes that the city effectively and openly presents its budget, designing it as a policy document, a financial plan, an operations guide, and a means of communication.