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Posted on: October 18, 2022

Loudoun County Recognized for Excellence in Financial Reporting

Link to information about Loudoun County financial reports

Loudoun County has been recognized for excellence in financial reporting by the Government Finance Officers Association (GFOA). The county has received separate awards for the Fiscal Year 2021 Annual Comprehensive Financial Report and its companion document, the FY 2021 Popular Annual Financial Report. 

Annual Comprehensive Financial Report

Loudoun County has been awarded the Certificate of Achievement for Excellence in Financial Reporting by GFOA for the FY 2021 Annual Comprehensive Financial Report. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. This is the 31st consecutive year that the county has received this honor from GFOA.

The report was judged to have met the high standards of the awards program and was cited for demonstrating a constructive “spirit of full disclosure” to clearly communicate the county’s financial story. 

Popular Annual Financial Report

Loudoun County has again received the Outstanding Achievement Award in Popular Annual Financial Reporting from the GFOA for the FY 2021 Popular Annual Financial Report.

The award recognizes jurisdictions that create annual financial reports specifically designed to be readily accessible and easily understandable to members of the general public who do not have a background in public finance. To receive the award, the report must meet high standards of creativity, presentation, understandability and reader appeal. This is the fifth year in a row that Loudoun has earned the award for the Popular Annual Financial Report. 

The Popular Annual Financial Report for FY 2021 is part of the Loudoun County government’s commitment to transparency, presenting the highlights of the county’s complex financial activities in a concise and accessible format. 

For More Information

Links to both the Annual Comprehensive Financial Report and Popular Annual Financial Report are online at loudoun.gov/financialreports.

More information about Loudoun County’s many award-winning programs and initiatives is online at loudoun.gov/awards.

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