Indy Library Cited for Excellence in Financial Reporting
February 7, 2013
For the 22nd consecutive year, The Indianapolis Public Library has received the highest form of recognition in the area of governmental accounting and financial reporting.
The 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 represents a significant accomplishment by a governmental unit and its management.
"We and the citizens of Marion County can be proud not only of the level of service provided by the Library's accounting staff but also of the entire staff's commitment to be good stewards of public resources," stated Library Board President Jim Lingenfelter. "The staff has worked extremely hard to analyze needs and allocate resources to meet the needs of our patrons in a prudent and cost efficient manner. The Library is determined to continue to serve the public to the greatest extent possible within our funding ability."
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 motivating potential users and user groups to read the CAFR.
The GFOA is a non-profit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL and Washington, D. C.
Citizens can view the Library's Comprehensive Annual Financial Report online at www.indypl.org.