The City of Tacoma has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States for its comprehensive annual financial report.

 “This reflects the City of Tacoma’s continued commitment to sound financial practices and transparency,” said Finance Director Andy Cherullo.

The City’s comprehensive annual financial report was judged by an impartial panel to meet the GFOA’s standards, which include a demonstrated constructive “spirit of full disclosure” clearly communicating the City’s financial story and motivating potential users and user groups to read it. 

 “The City works diligently to implement the best practices provided by the GFOA to ensure that the City continues to meet the standards to achieve this certification,” said Assistant Finance Director and Controller Susan Calderon.