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Posted on: September 26, 2019

City of Rio Rancho Receives Budget Award for 14th Consecutive Year

The City of Rio Rancho’s Financial Services Department has been recognized for the 14th consecutive year with an award from the Government Finance Officers Association of the United States and Canada (GFOA).

The Certificate of Achievement for Excellence in Financial Reporting recognizes the city’s Comprehensive Annual Financial Report (CAFR) for the fiscal year that ended on June 30, 2018. In receiving the highest form of recognition in the area of governmental accounting and financial reporting, the CAFR had to clearly communicate the city’s financial story among other criteria.

The GFOA is a nonprofit professional association serving more than 20,000 elected, appointed, and government finance officials throughout North America.

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