PHOTO: The City of Victoria Finance office received the Certificate of Achievement for Excellence in Financial Reporting for fiscal year 2019 and was found to be in compliance with state accounting standards for fiscal year 2020.
The City of Victoria received its 37th consecutive Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for its end-of-year financial report for fiscal year 2019.
The certification recognizes state and local governments that go beyond minimum accounting standards and reflect “the spirit of transparency and full disclosure,” according to the GFOA’s website.
The accounting firm Harrison Waldrop & Uherek certified that the City’s accounting practices for fiscal year 2020 follow State procedures for documentation and oversight. The City has been in compliance with these standards every year since Texas began requiring local government audits more than 50 years ago.
The City will submit Harrison Waldrop & Uherek’s audit for certification by the GFOA. If accepted, the audit will be the 38th consecutive City of Victoria audit to be certified by the GFOA.
To view the financial report and other documents related to City spending and investment, visit www.victoriatx.gov/finance. To view detailed information about planned spending for fiscal year 2021, visit www.victoriatx.gov/budget.