For the second consecutive year, King Township has received a national award for financial reporting. King has received the Canadian Award for Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for King’s annual financial report for the year ending on Dec. 31, 2022.
The report includes a report and analysis on King Township’s finances, statistical information, managers’ reports and an independent auditor’s report. Read the full report online here.
The Canadian Award for Financial Reporting Program was established to encourage municipal governments throughout Canada to publish high-quality financial reports and to provide peer recognition and technical guidance for officials preparing these reports. The award recognizes excellence in government accounting and financial reporting and is said to represent a significant accomplishment by the municipality and its management.
The GFOA advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 21,000 members and the communities they serve.
King’s annual financial report was judged by Canadian Review Committee members to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” designed to clearly communicate the municipality’s financial story and to motivate potential users and user groups to read the report.
To learn more about King Township’s finances and budget process, visit king.ca/budget.
Quotes
Mayor Steve Pellegrini, Township of King
“I am proud to announce that for the second year in a row, King Township has been honored with the Canadian Award for Financial Reporting from the Government Finance Officers Association. This achievement reflects the hard work, diligence and commitment of our municipality, showcasing our ongoing efforts to set the highest standards in government accounting and financial reporting.”
Daniel Kostopoulos, CAO, Township of King
“As the Chief Administrative Officer of King Township, I am immensely proud of our second consecutive achievement of the Canadian Award for Financial Reporting. This recognition underscores our commitment to financial transparency, accountability and adherence to the high standards set by the Government Finance Officers Association."
For regular updates on Township programs and events, follow the official corporate social media channels on X and Facebook, subscribe to King’s monthly e-newsletter or visit king.ca.
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Media Contact
Jason Ballantyne, Communications Officer
Township of King | Phone: 905-833-5321 | Email: media@king.ca