The Village of Park Forest this week received notification from the Government Finance Officers Association on its landing of the Award for Outstanding Achievement in Popular Annual Financial Reporting. The Government Finance Officers Association has released the following details regarding the award:
Government Finance Officers Association of the United States and Canada (GFOA) has given an Award for Outstanding Achievement in Popular Annual Financial Reporting to the Village of Park Forest for its Popular Annual Financial Report for the fiscal year ended June, 30, 2023. The Award for Outstanding Achievement in Popular Annual Financial Reporting is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports.
In order to receive an Award for Outstanding Achievement in Popular Annual Financial Reporting, a government unit must publish a Popular Annual Financial Report, whose contents conform to program standards of creativity, presentation, understandability, and reader appeal.
An Award for Outstanding Achievement in Popular Annual Financial Reporting is valid for a period of one year only. The Village of Park Forest received a Popular Award for the first time for the fiscal year ending in 2022-2023.