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District Receives Financial Reporting Award

March 7, 2022

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the Oswegoland Park District for its Annual Comprehensive Financial Report for the 2020 Fiscal Year.

Each year the Oswegoland Park District undergoes rigorous audits and a financial report is prepared and shared with the community. The report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure.”

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.

According to Executive Director Rich Zielke, “The District is honored to yet again receive this prestigious award which recognizes and highlights the District’s commitment of full financial accountability and transparency to the community.”

The District has received the award annually since 2011. The Oswegoland Park District’s Annual Comprehensive Financial Report can be viewed online.

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage state and local government entities to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and to recognize individual governments that succeed in achieving that goal.

Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.