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Posted on: November 8, 2022

City Receives Triple Crown Award for Financial Reporting for Second Year in a Row

TCA Financial Reporting

The City of New Braunfels was once again recognized with the Triple Crown Award for FY 2020 from the Government Finance Officers Association of the United States and Canada (GFOA). This organization 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.  

GFOA’s Triple Crown Award recognizes governments who have received their Certificate of Achievement for Excellence in Financial Reporting, the Popular Annual Financial Reporting Award, and the Distinguished Budget Presentation Award. New Braunfels is one of only 317 GFOA Triple Crown Award winners in the United States and Canada for FY 2020, and this is the second year the City of New Braunfels has earned the Triple Crown Award. 

 “Our team is very proud to have been awarded the Triple Crown by GFOA two years in a row,” said Director of Finance Sandy Paulos. “This award highlights the ongoing efforts of the entire Finance Department to increase transparency and provide meaningful resources to residents about the financial position of their City government.” 

To view the City of New Braunfels Annual Comprehensive Financial Report, the Popular Annual Financial Report, and the Budget and Plan of Municipal Services, as well as many other financial resources prepared by the Finance Department, please visit www.newbraunfels.gov/finance.

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