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Posted on: October 5, 2021

Polk County Earns Triple Crown Award for Financial Practices

County staff pose in county board room holding tripe crown awards

Polk Clerk and Board of County Commissioners Earn Triple Crown Recognition for Government Finance Practices 

Polk County Clerk of the Circuit Court & Comptroller Stacy M. Butterfield and the Polk County Board of County Commissioners (BOCC) together earned the coveted Triple Crown Medallion from the Government Finance Officers Association (GFOA), the national authority on best practices in governmental accounting and financial reporting.

The newly created award is bestowed on communities that earn all three of GFOA’s awards for the same reporting year. Polk is one of 12 counties in Florida to receive this honor.

The three awards include:

  • An award for the 2019 Comprehensive Annual Financial Report, a recognition that the Clerk’s office has earned for 40 consecutive years. This report is a detailed, spreadsheet-heavy report that contains the financials for the Clerk’s office, the BOCC, and the four other constitutional offices.
  • An award for the 2019 Popular Annual Financial Report. This is the 19th consecutive year the Clerk’s office has received this award. This is a condensed summary of the more detailed comprehensive report. While not required, the Clerk’s office produces this report to provide residents with a concise summary of how their county resources are used.
  • The Distinguished Budget Presentation Award for the 2019-2020 Budget, an accomplishment that the BOCC has earned since 1990. This report serves as the BOCC’s spending policy, operations guide, financial plan, and communications tool.

“These awards are the highest form of recognition in government accounting, budgeting, and financial reporting,” Clerk Butterfield said. “Both are prestigious national awards that recognize conformance with the highest industry standards. It is an achievement to earn these awards, and it is a testament to the quality of work produced by the Clerk & Comptroller’s office, the Board’s budget team, and our external auditors from CliftonLarsonAllen. We remain committed to performing at the highest level of professionalism in our field.”

Jennifer Canady presented the awards to the Clerk and Commissioners at the Oct. 5 board meeting. Canady is the Director of the Center for Law and Public Policy at Lakeland Christian School. 

“An important focus of LCS’s Center for Public Policy is engagement with our local government,” Canady said. “I appreciate the production of reader-friendly reports like these as they are one more tool our students can use to learn about their county and further engage with their local leaders. Congratulations to Clerk Butterfield, Chairman Wilson, and all of your teams for earning these prestigious awards.”

“This is a significant achievement by both the Clerk’s office and the Board of County Commissioners,” said Commissioner Rick Wilson, BOCC chairman. “These awards are the culmination of many hours of hard work by all of our offices. We are truly dedicated to producing transparent financial reports and providing our community with accountability. I want our residents to be confident that we are working to support and improve the needs of the community, and these reports serve as tools to share the progress that we are making in these efforts.”

The financial reports are available under the Public Funds menu on PolkCountyClerk.net and the County’s Budget report is available under the Government menu on Polk-County.net.

Photo Caption: Triple Crown award presentation at the Polk County Board of County Commissioners meeting. Photograph includes Jennifer Canady, Director of the Center for Law and Public Policy at Lakeland Christian School; Polk County Clerk & Comptroller Stacy Butterfield and her team from the Comptroller Division and Inspector General’s office; The Board of County Commissioners and staff members of the County’s Budget and Management Services Office; and representatives from CliftonLarsonAllen.