Due to the ongoing efforts of the Finance Department team, the City of Duncanville has earned the 2019 Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting. The achievement recognizes outstanding work on the city’s Comprehensive Annual Financial Report (CAFR), and Duncanville has earned this award for 24 consecutive years. The Certificate of Achievement 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 GFOA established the CAFR Program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of accounting principles and prepare comprehensive annual financial reports that display the spirit of transparency and full disclosure.
The CAFR has been 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.