City of Tacoma Recognized for 39th Consecutive Year with Highest Honor in Governmental Financial Reporting

~ Tacoma Receives Highest Honor for Financial Reporting

The City of Tacoma has once again been recognized for its exceptional financial reporting practices. The Government Finance Officers Association (GFOA) has awarded the city with the prestigious Certificate of Achievement for Excellence in Financial Reporting for its 2024 Annual Comprehensive Financial Report.

This marks the 39th consecutive year that Tacoma has received this honor, solidifying its reputation as a leader in governmental accounting and financial reporting. The GFOA's Certificate of Achievement is considered the highest form of recognition in this field.

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The city's commitment to excellence, accountability, and public transparency is evident through its consistent attainment of this distinction. To earn this recognition, municipalities must go above and beyond minimum reporting requirements. Tacoma's financial reporting was specifically recognized for its clarity and organization, transparency and full disclosure, and exceeding baselines.

The comprehensive report presents complex financial data in an accessible manner, providing a clear and objective view of the city's financial standing. By exceeding standard minimum requirements, Tacoma demonstrates its dedication to responsible fiscal administration and transparent communication with the public it serves.

This recognition highlights Tacoma's ongoing efforts to maintain high standards in financial reporting and reinforces its position as a model for other municipalities to follow.

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