NEW YORK, NY, (EZ Newswire) -- Yield.xyz, opens new tab, the leading unified yield API for digital asset platforms, today announced the integration of Maple Finance, expanding access ... City Finances & Budgets Finance Finance Department In order to ensure fiscal accountability and an accurate presentation of the city’s financial status, New Albany’s finance department provides residents with timely and accurate accounting of receipts and disbursements. The Government Finance Officers Association of the United States and Canada recognized New Albany for its Comprehensive Annual Financial Report.

Understanding the Context

The City also received GFOA’s Distinguished Budget Presentation Award. This award reflects the city’s commitment to meeting the highest principles of governmental budgeting. Bethany Staats, CPA, began her duties as New Albany’s finance director in July 2017 and oversees a department responsible for budgeting, financial reporting, treasury management, payroll, benefits administration, income tax administration, centralized accounting and public financing initiatives. New Albany maintains a Triple A bond rating from Standard and Poor’s and Moody’s.

Key Insights

New Albany ... The City of New Albany is proud to announce that for the 20th year in a row, it has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA). In addition, this esteemed award recognizes the City’s 2023 Annual Comprehensive Financial Report, marking an ongoing commitment to transparency and financial excellence. Why ... The City of New Albany has been honored with the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) —a national recognition of excellence in public sector budgeting.

Final Thoughts

The deputy director of finance is a fiduciary position that reports to the director of finance. It is a professional, managerial position that has considerable interface with all city departments and community leaders and acts in place of the director, ensuring all aspects of the city’s financial operations are properly fulfilled. The City of New Albany is pleased to announce that it has received the Government Finance Officers Association’s Distinguished Budget Presentation Award. The award represents a significant achievement by the City.