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Will County Gazette

Tuesday, November 5, 2024

CITY OF LOCKPORT: City Receives GFOA Award for CAFR

Accreditation

City of Lockport issued the following announcement on Dec. 17.

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Lockport by the Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended 2017.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

Original source can be found here.

Source: City of Lockport

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