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County Budget and Finance Director Earns National Recognition

Excellence in Financial Reporting

Towson, Maryland (September 10, 2013) – Baltimore County's Budget and Finance Director, Keith Dorsey, was recognized by the Government Finance Officers Association of North America (GFOA) for the level of excellence in financial reporting demonstrated in the County's Comprehensive Annual Financial Report for the fiscal year ending June 30, 2012.

Highest Form of Recognition

This achievement awards program is considered to be the highest form of recognition in governmental accounting and financial reporting. The County's annual financial report was judged by an impartial panel of government finance experts who concluded that the report meets the highest professional standards and demonstrates "a constructive spirit of full disclosure to clearly communicate its financial story."

"Keith Dorsey and his team of budget and finance professionals are truly among the best in the nation," said County Executive Kevin Kamenetz. "It is in large part due to their expertise and diligence that we have been able to maintain the triple-AAA bond rating that enables us to keep up the positive momentum with upgrading our schools, enhancing  County services and maintaining our infrastructure."

About the GFOA

The awards program was established in 1945 by the GFOA to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that demonstrate the spirit of transparency and full disclosure.

The GFOA is a nonprofit professional association that serves approximately 17,500 government finance professionals in the United States and Canada.