The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the City of Concord with the Award for Outstanding Achievement in Popular Financial Reporting for the City's FY2020 Popular Annual Financial Report (PAFR). This is the first year that the City has prepared a PAFR and submitted an application for this award. Receiving the award on the first submission is a reflection of the hard work of the budget and finance staff and their dedication to providing transparent financial reporting.
With this award, the City is now a Triple Crown Winner, meaning Concord received the Achievement Awards for their Annual Financial Report, Annual Operating Budget Document, and PAFR. As of 2019, there were approximately 290 Triple Crown Award winners across the US and Canada, and only 13 cities or counties in North Carolina earned this distinction.
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