West Columbia Receives Certificate of Achievement for Excellence in Financial Reporting for the 26th Year

By August 18, 2017 Headlines

West Columbia Receives Certificate of Achievement for Excellence in Financial Reporting for the 26th Year

West Columbia, SC (August 18, 2017 at 10:43 AM) – The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of West Columbia by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR) for 26 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.

City Treasurer and Assistant City Administrator Justin R. Black, CPA, said, “GFOA sets the standards in financial reporting for all governmental agencies. This is the highest form of recognition that we can receive in financial reporting as a local government. This being the 26th year in a row in receiving this award speaks to the tradition of financial reporting excellence set before me. The only way this is possible is through the hard work and dedication of my finance team, the leadership of City administration, and the direction of City Council.”

The CAFR has been judged by an impartial panel to meet the high standards of the program including 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 GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, DC.

The City of West Columbia is situated along eight miles of the beautiful lower Saluda and Congaree Rivers. Known for being friendly, welcoming and affordable, the city also has top-level schools and a myriad of dining and shopping options, as well as exemplary health care options that are within a three-mile radius. The area is ideal for commerce, thanks to its business-friendly attitude, low taxes and utility rates. The City is concentrating on economic development and is eager to attract business start-ups and/or relocations. Additionally, major interstates, highways, the airport, and Columbia are just minutes away. When it comes to recreation, West Columbia offers kayaking, canoeing, tubing, parks, waterfront concerts, 8.5 miles of walking and biking trails, and much more, including access to the renowned Riverbanks Zoo, Botanical Gardens, and Waterfall Junction. More information is available at www.westcolumbiasc.gov.