HomeMy WebLinkAboutTriple Crown Award 2025Contact: Kayla Northway, Communications Intern
Phone 952-826-0304 • knorthway@EdinaMN.gov • EdinaMN.gov
FOR IMMEDIATE RELEASE
Edina Finance Department Secures its Latest GFOA ‘Triple Crown’
Edina, Minn., July 14, 2025 – The City of Edina’s Finance Department has been nationally recognized for Outstanding Achievement in Popular Annual Financial Reporting (PAFR) for the
fiscal year ending Dec. 31, 2023 by the Government Finance Officers Association (GFOA).
GFOA is a professional association comprised of approximately 19,000 state, provincial and local government finance officers in the United States and Canada.
GFOA gives the PAFR Award to state and local governments able to extract information from their annual comprehensive financial reports to produce high-quality popular annual financial
reports specifically designed to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance.
Each eligible report is reviewed by judges who evaluate the report based on reader appeal, understandability, distribution methods, creativity and other elements. Edina’s PAFR is distributed
as part of the monthly newsletter Edition: Edina in July of each year.
With the most recent win, the Finance Department completed its third and final achievement required for GFOA “Triple Crown” honors in Fiscal Year 2023. The Triple Crown honor recognizes
governments that have received GFOA's Certificate of Achievement for Excellence in Financial Reporting, Popular Annual Financial Reporting Award and the Distinguished Budget Presentation
Award. Awards for the budget were received in June 2022 and the Certificate for Achievement for Excellence in December 2024.
“Receiving the Triple Crown is a significant achievement, demonstrating a commitment to high standards of financial reporting and budgeting,” said Finance Director Pa Thao. “It can enhance
a government's reputation and credibility, potentially attracting top talent and fostering collaboration with other agencies.”
Edina is one of just 10 state and local governments in Minnesota to win the Triple Crown for 2023. The City received a medallion for a perpetual plaque that hangs in the Finance Department
at City Hall.
To view the reports and for more information, visit the Finance Department’s website at EdinaMN.gov/Finance.
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