Finance Department Receives Award from GFOA

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Town of New Canaan by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR).  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.

The Finance Department has worked diligently with the Audit Committee to meet the performance challenges of responsible and responsive financial reporting.  Members of the Committee have expressed their pleasure at the receipt of such an award and the team that has made achievement of this standard of excellence possible. 

First Selectman Kevin Moynihan said: “The Town is very happy and proud that our Finance Department has operated with such diligence and transparency that they have accomplished the goal of obtaining this highly coveted award for excellence.  The Selectmen, the Board of Finance and the Audit Committee are very pleased with the strong team that manages our Town finances led by CFO Sandy Dennies, Controller Joanne Noone and Budget Director Lunda Asmani and the School District’s finances led by Finance Director Dr. Jo-Ann Keating.