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IMCPL Cited for Excellence in Financial Reporting

January 22, 2009

CAFR award

The Indianapolis-Marion County Public Library received the CAFR award for the 18th consecutive year. Accounting staff representatives pictured are (back row left to right) Kendra Chekoff, Michael Hollandbeck and Vivian Barnes. (Front row left to right) Steve Manier, Jenny Meredith and Miguel Jones.

The Indianapolis-Marion County Public Library has received the highest form of recognition in the area of governmental accounting and financial reporting.

For the 18th consecutive year, IMCPL 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 represents a significant accomplishment by a governmental unit and its management. "It's especially important today that organizations and institutions demonstrate the highest standards of financial accountability," stated Jesse B. Lynch, President of the Indianapolis-Marion County Public Library Board of Trustees. "Local taxpayers can be proud that the Library has long been recognized professionally as a good steward of public resources," 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.