City of Fair Oaks Ranch Finance Department Earns National Recognition!

(Fair Oaks Ranch, Texas) - The City of Fair Oaks Ranch is proud to announce that its Finance Department has been awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting for the fiscal year 2022-2023. This marks the seventh consecutive year that the city has demonstrated a commitment to the highest standards of transparency, accuracy, and professionalism in governmental financial reporting.

The Certificate of Achievement is recognized as the "highest form of recognition in governmental accounting and financial reporting," according to the Government Finance Officers Association (GFOA), a prominent organization representing more than 21,000 government professionals across the U.S. and Canada. This accolade reflects the city's dedication to effectively communicating its financial health, ensuring transparency, and empowering residents to make informed decisions about their local government.

By earning this award, Fair Oaks Ranch is now two-thirds of the way toward achieving the GFOA's prestigious Triple Crown recognition for the third consecutive year-an honor given to organizations that earn all three of the GFOA's awards:

• Distinguished Budget Presentation Award
• Certificate of Achievement for Excellence in Financial Reporting
• Popular Annual Financial Reporting Award

The City of Fair Oaks Ranch expresses its sincere gratitude to the Finance Department for its tireless efforts and continued commitment to excellence. This achievement underscores the department's role in promoting trust, accountability, and fiscal responsibility within the community.