FARMINGTON - Davis County’s financial reporting transparency has been honored for the 20th consecutive year.
A Certificate of Achievement for Excellence in Financial Reporting was awarded Davis County and specifically to Curtis Koch, Chief Deputy Audit/Finance in the Clerk/Auditor’s office last week. The Government Finance Officers Association of the U.S. and Canada presented the honor.
It’s the highest form of recognition possible in government accounting and financial reporting, and “its achievement represents a significant accomplishment by a government and its management,” a press release from the association said.
An exhaustive CAFR, or comprehensive annual financial report, was judged by an impartial panel and is a “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
“It’s something we don’t take for granted,” Koch said of the award. “It comes with a lot of work and effort from our staff.”
He said it helps “make sure we are performing at the highest level of transparency and government finance.”
Davis, Salt Lake and Weber Counties are the only county governments in the state that participate in the CAFR effort, Koch said.
The document is available to the public, on the Davis County web site, co.davis.ut.us/, and then click the clerk/auditor section. A copy can also be obtained at the clerk/auditor’s office on the first floor of the Davis County Administration building, 66 S. Main Street, Farmington.
“We encourage people to look at it,” Koch said. “County finance can be different than the private sector.”
He emphasized there were many staff members involved in its preparation, among them Jonathan Lee, Finance Director, and L. Douglas Stone, Lead Auditor, among others.
“All of these individuals put a lot of effort into it so the public can have that accountability,” Koch said.
“It’s an honor, and even more than that, to the taxpayers it’s a great security that the county is not only transparent, but that the tax dollars are being uses carefully and judiciously,” said County Commission Chair Louenda Downs.
The report shows numbers have been “verified and reviewed, with transparency the big thing,” she said.
“We’ve got nothing to hide. We’re confident, comfortable with how the money has been used,” Downs said, urging the public to review those figures.