(NASHVILLE, TN) — Bedford County is one of eight counties in Tennessee that recently received national recognition from the Government Finance Officers Association (GFOA) for outstanding accounting practices.
The GFOA presents certificates of achievement to state and local governments across the country that exceed the minimum requirements of generally accepted accounting principles and prepare comprehensive annual financial reports that provide high levels of transparency and disclosure about their operations.
“I want to congratulate officials in Bedford County for their excellent work in preparing their financial documents,” Comptroller Justin P. Wilson said. “In order to maintain credibility with the public, I think it is extremely important for governments to be open in their financial dealings. The citizens of Bedford County should be pleased that the people who represent their interests in county government have chosen to do far more than the minimum in making financial information available.”
“This award recognizes the counties that are doing an outstanding job in tracking their finances,” Sen. Jim Tracy said. “People who live in Bedford County have good reason to be proud.”
“When it comes to handling the taxpayers’ money, it’s important for government officials to do more than meet minimum requirements,” Rep. Pat Marsh said. “And this award demonstrates that officials in Bedford County are doing more than meeting the minimum requirements.”