Town receives Certificate of Achievement
“Our finance team, led by Town Recorder Allison Myers, puts in a tremendous amount of time and effort to make sure our financial reports meet the high standards set by the Government Finance Officers Association,” Town administrator David Smoak said. “They deserve to be recognized for their hard work and attention to detail.”
“If you follow the 45-year vision of our Town,” Farragut Mayor said, “you will see that the four mayors have had the same basic philosophy:
• “search out the best staff possible in order to make sure we are operating at the highest level,
• “see that they are properly compensated and have the best benefits possible,
• “constantly monitor same level services and adjust as needed and
• “promote within and have long-serving management teams who are what it takes to develop our budget and operate within it.
“Our plan is to save, purchase as we go and incur no debt,” he added.
According to a Town press release, the report was 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 report.”
The Town’s financial reports are available at townoffarragut.org/financials.
Farragut is one of 12 municipalities out of 346 in the state to receive this certificate of achievement,” the press release said. “GFOA is the premier association for public-sector finance professionals in the United States and Canada.”
