The Village of Romeoville is once again the recipient of the Government Finance Officers Association of the U.S. and Canada (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its 2017 comprehensive annual financial report (CAFR).
“We are honored to receive this prestigious award for the 4th consecutive year. This speaks to our commitment to providing financials that meet the highest standards of communication and accountability to the public,” said Mayor John Noak.
The Certificate of Achievement 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.
The Romeoville annual report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to fully communicate its financial story.
The Government Finance Officers Association is a nonprofit professional association serving nearly 19,000 government finance professionals throughout North America. The GFOA’s Certificate of Achievement for Excellence in Financial Reporting is the only national awards program in governmental financial reporting.