The City of Watertown in South Dakota has been honored with the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA). This recognition was granted for the city's comprehensive financial report covering the fiscal year that concluded on December 31, 2023. The award signifies the highest level of achievement in governmental accounting and financial reporting. An independent panel reviewed the report and confirmed it adheres to stringent standards, emphasizing full disclosure and clear communication of the city's financial status.

In a recent announcement, Kristen Bobzien, serving as the Interim City Manager and Chief Financial Officer, expressed pride in the finance team's commitment and expertise. Their efforts ensure the accuracy, transparency, and accessibility of Watertown's financial documentation. This acknowledgment underscores the importance of public engagement through open financial practices.

Historically, Watertown has maintained an impressive record of receiving this accolade, achieving it for the forty-second time. This long-standing tradition reflects the city's dedication to upholding high standards in financial transparency.

The repeated receipt of this prestigious award highlights Watertown's ongoing promise to its residents and stakeholders. By maintaining transparent financial reporting, the city fosters trust and accountability, ensuring that all parties are well-informed about its fiscal health and strategic planning.