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IMCPL Cited for Excellence in Financial Reporting

Library News & Announcements RSS Feed January 31, 2006

IMCPL Accounting Staff with CAFR Award
IMCPL Accounting Staff with CAFR Award

For the 15th consecutive year, the Indianapolis-Marion County Public Library has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR).

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. Its attainment represents a significant accomplishment by a governmental unit and its management.

"The Indianapolis-Marion County Public Library is extremely proud to receive this prestigious recognition because it underscores the Library's pledge to the community of total accountability and responsible stewardship of public dollars," said Louis Mahern, President of the IMCPL Board of Trustees.

The Library's CAFR was judged by an impartial panel to meet the high standards of the reporting program, demonstrating a constructive "spirit of full disclosure" to clearly communicate the Library's financial story and motivate potential users and user groups to read the CAFR.

The GFOA is a non-profit professional association serving approximately 16,000 government finance professionals with offices in Chicago and Washington, D. C.