The city of New Braunfels has received the Triple Crown Award for fiscal year 2019-20 from the Government Finance Officers Association of the United States and Canada. The organization GFOA advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 21,000 members and communities, according to the city.

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, according to the city.

This is the second year New Braunfels has won the award, and the city is one of 317 GFOA Triple Crown Award winners in the United States for FY 2019-20.

“Our team is very proud to have been awarded the Triple Crown by GFOA two years in a row,” Director of Finance Sandy Paulos said. “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.”

Residents can view the City of New Braunfels Annual Comprehensive Financial Report, the Popular Annual Financial Report, the Budget and Plan of Municipal Services, and many other financial resources prepared by the finance department at www.newbraunfels.gov/finance.