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The original item was published from 8/14/2020 1:35:44 PM to 8/29/2020 12:00:04 AM.

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Purcellville News Flash

Posted on: August 14, 2020

[ARCHIVED] News Release - Purcellville Receives Recognition for Excellence in Financial Reporting

PURCELLVILLE, Va. August 14, 2020 — The Town of Purcellville has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) for the Town’s fiscal year 2019 financial report. 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 marks the 12h consecutive year the Town has received this prestigious award.

In addition, the Town’s Finance Department received the Award of Financial Reporting Achievements for preparation of the award winning Comprehensive Annual Financial Report (CAFR) for fiscal year ending June 30, 2019. The Director of Finance, Elizabeth Krens, would like to recognize Paula Hicks for her outstanding contribution to the CAFR document and the award. The CAFR document was 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 CAFR.

The Town’s Fiscal Year 2019 CAFR can be found online at

The GFOA is a nonprofit professional association serving approximately 21,000 government finance professionals in the United States and Canada.

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