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Posted on: March 30, 2021

Orange County receives award in financial reporting

Orange County Seal

Goshen, N.Y. – Orange County Executive Steven M. Neuhaus and Commissioner of Finance Karin Hablow are pleased to announce that the County has been awarded a Certificate of Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA). 

“This award is indicative of the high standards to which our Finance Department holds itself,” Neuhaus said. “I commend Commissioner Hablow and her staff for their efforts and I’m grateful that they were recognized.”

GFOA is a nonpartisan, nonprofit organization serving 16,000 government finance offices across the nation. This award recognizes governments which maintain high standards of excellence in financial reporting and demonstrate a constructive “spirit of full disclosure” to clearly communicate the financial picture of governmental operations. To be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report, whose contents conform to program standards. 

Such Comprehensive Annual Financial Reports (CAFR) must satisfy both generally accepted accounting principles and applicable legal requirements.

“I am grateful for this acknowledgment by my peers and thank my staff for their commitment to the County’s residents,” Orange County Commissioner of Finance Karin Hablow said.

Last year, the County’s Finance Department was inducted into three+one’s 2020 90’s Club. The 90’s Club highlights those New York counties that demonstrate the highest level of value generation on liquidity for taxpayers in the state. three+one helps public entities, higherEd, and local banks create new sources of revenue through a changing landscape of regulations and technology.

For more information, contact Justin Rodriguez, Assistant to the County Executive for Communications and Media Relations at 845.291.3255 or jrodriguez@orangecountygov.com.

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