PORTSMOUTH — The Town of Portsmouth has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA).

The award was presented to Lisa M. Mills, the town’s finance director, for Portsmouth’s comprehensive annual financial report (CAFR).

The certificate is the highest form of recognition in the area of government accounting and financial reporting, according to GFOA, and represents a significant accomplishment by a government and its management.

The town’s “CAFR has been 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,” according to GFOA.

The Chicago-based GFOA services the needs of more than 20,000 appointed and elected local, state and provincial-level government officials and other finance practitioners. It provides publications, training programs, services and products designed to enhance the skills and performance of those responsible for government finance policy and management. 

For more information, visit www.gfoa.org.