Park District Awarded Certificate of Achievement for Excellence in Financial Reporting
Monday, March 18, 2024
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Glencoe Park Recreation District for its annual comprehensive financial report for the fiscal year ending February 28, 2023. The report has been judged by an impartial panel to meet the program's high standards, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.
"We are honored to receive the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association. This recognition reflects our commitment to transparency and accountability in managing the financial affairs of Glencoe Park District. It underscores our dedication to providing clear and comprehensive financial information to our community and stakeholders. We are proud of this achievement and will continue to uphold the highest standards of financial reporting," said Lisa Sheppard, Executive Director of the Glencoe Park District.
The Certificate of Achievement 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.