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IMCPL Cited for Excellence in Financial Reporting
December 13, 2006
For the 16th 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.
"This prestigious recognition demonstrates that IMCPL takes seriously its commitment to total accountability of public dollars," stated Louis Mahern, President of the Library Board of Trustees. "We are extremely proud of our consistent record of financial reporting," he added.
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.
