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Posted on: November 20, 2023

Sound Financial Reporting Reaps Another GFOA Award for the City of Columbia

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The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the City of Columbia for its annual comprehensive financial report for the fiscal year that ended June 30, 2022. This is now the 24th year the City has been awarded this honor. The report 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 report. 

Assistant City Manager/CFO Thad Jablonski stated, “I’m very proud of the team’s work preparing the annual financial report for the 24th consecutive year”, said Assistant City Manager Thad Jablonski. “We take pride in producing an annual financial report, as well as a condensed version of the report, that is accurate and informative for the City Council, Management, and Columbia citizens.”

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. This award reflects the goal of the City to serve as a financially responsible government entity, that also provides excellent services to our citizens.

Mayor Chaz Molder stated, “I am once again proud of our Finance Team at City Hall, including Thad Jablonski and everyone else who plays a part in ensuring our financial reporting remains second to none. We have no greater responsibility than to ensure transparency and responsibility with all tax-payer dollars. This award is the latest example in our commitment to that goal, and our ability to succeed on that goal.” 

The City of Columbia’s annual comprehensive financial reports can be viewed on the City’s website at: https://www.columbiatn.com/235/Annual-Financial-Reports. To learn more about the GFOA award, go to: https://www.gfoa.org/coa-award