FOR IMMEDIATE RELEASE
March 28, 2014
TREASURER COWELL ANNOUNCES EXCELLENCE AWARDS FOR FIVE
Brevard, Catawba County, Alexander County, Cary and Pinehurst Honored
RALEIGH – State Treasurer Janet Cowell announced today the Governmental Awards for Excellence in Accounting and Financial Management. The awards are presented annually to units of local government that have excelled in implementing fiscally responsible procedures during the fiscal year.
“It’s great to see local governments across North Carolina exhibiting strong financial management on behalf of the citizens they serve. Congratulations to this year’s Treasurer’s Awards winners: Brevard, Catawba County, Alexander County, Cary and Pinehurst,” Cowell said.
All counties, municipalities, school units, special districts, and public authorities are eligible for awards. Winners are categorized by size. This year’s winners for the 2012-2013 fiscal year are:
||Project/Reason for Award|
|City of Brevard
||Bring city’s accounting and business processes up to current best practice standards|
Counties With Populations Greater than 50,000
|Use of electronic processing and storage of accounts payable files including supporting documentation|
Counties With Populations Less than 50,000
|Electronic document storage and retrieval system for accounts payable function|
|Town of Cary
Cities With Populations Exceeding 25,000
|Aquastar, an advanced water metering infrastructure system, replaced one monthly manual water meter read with a wireless system that collects information hourly and makes that information available to customers via the Internet|
|The Village of Pinehurst
|Cities With Populations Between 7,500 and 25,000
||Implementation of a strategic planning and budgeting model with a balanced scorecard.|
Applications should outline improvements in capital asset control, cash management and investment policies, budgetary control, purchasing and inventory control, or other areas of fiscal control and responsibility. The North Carolina Association of Certified Public Accountants (NCACPA) designates a subcommittee that selects award recipients on behalf of the Department’s State and Local Government Finance Division.
The State and Local Government Finance Division staff monitors and analyzes the fiscal and accounting practices of all local governments. Additionally, the Division handles the sale and delivery of all State and local debt and monitors the repayment of State and local government debt.
More information can be found at http://www.nctreasurer.com/slg