Indy Library Cited for Excellence in Financial Reporting
February 22, 2018
For the 27th 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.
"This recognition underscores the Library's efforts to maintain a consistently high standard of fiscal responsibility to the citizens of Marion County," said Joanne M. Sanders, President of the IndyPL Board of Trustees. "It also positively reflects upon the Library's policies and practices to achieve efficiency and appropriate stewardship of tax dollars."
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.