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 2018 fiscal year. This is the 30th year in a row that the district has received this recognition. The Certificate of Achievement Award is the highest form of recognition in 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,” said Park District of Highland Park Executive Director Brian Romes.
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 advancing excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 government finance professionals and the communities they serve.