District awarded Certificate of Excellence in Financial Reporting for 13th consecutive year
For the 13th
consecutive year, Lake County Schools has been awarded the Certificate of
Achievement of Excellence in Financial Reporting by the Government Finance
Officers Association of the United States and Canada (GFOA) for its
Comprehensive Annual Financial Report (CAFR).
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.
an Award of Financial Reporting Achievement was presented to the district’s
Finance Department for its primary responsibility for preparing the
The CAFR has
been judged by an impartial panel to meet 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 GFOA is
a nonprofit professional association serving approximately 17,500 government
finance professionals with offices in Chicago, IL, and Washington, D.C.
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