Indy Library Cited for Excellence in Financial Reporting

January 30, 2017

CAFR2017_accountingstaff.jpgFor the 26th 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.

"As demonstrated by this long-standing recognition, the Library has maintained a fundamental commitment to the highest level of financial accountability and stewardship of taxpayers' dollars," said Dr. David Wantz, President of the IndyPL Board of Trustees. "Citizens can be assured that the Library's policies and practices reflect this commitment to efficiency and fiscal responsibility."

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