Park District of Highland Park issued the following announcement on Jan. 31.
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Park District of Highland Park by the Government Finance Officers Association (GFOA) for its comprehensive annual financial report (CAFR) for the fiscal year ending 2018. This is the 29th year in a row that the district has received this recognition. The Certificate of Achievement Award is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
“This award demonstrates the Park District of Highland Park’s continued commitment to ensure our CAFR is thorough and provides the information required for a full assessment of the district’s financial strength. It shows we have done what is required by the GFOA and have met their high standards as well as the community’s confidence,” said Park District of Highland Park Executive Director Liza McElroy.
The Park District of Highland Park CAFR was judged by an impartial panel and meets the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR. The Certificate Program was established by the GFOA in 1945. It was instituted to encourage all governments to prepare and publish an easily readable and understandable financial report.
The GFOA is a nonprofit professional association serving approximately 17,800 government finance professionals with offices in Chicago, IL, and Washington, D.C.
Original source can be found here.
Source: Park District of Highland Park
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