CCSD59 joins top percentage of Illinois districts with financial award
CCSD59 has been awarded the Certificate of Achievement by the Government Finance Officers Association of the United States (GFOA) for financial reporting during Fiscal Year 2021.
An independent panel deemed the district’s annual comprehensive financial report to meet the highest standards of the program, earning CCSD59 this award for the first time. The financial reporting of government municipalities is held to the same criteria, and less than 3% of school districts in Illinois have been recognized with this achievement.
“CCSD59 is committed to transparency in the financial and operational areas,” said Ron O’Connor, Assistant Superintendent of Business Services/CSBO. “This award demonstrates that other experts acknowledge our reporting occurs at the highest level. It is definitely something that makes us proud.”
The GFOA lists the district’s financial report as “demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial story and motivate potential users and user groups to read the report”. It also considers receiving the award a “significant accomplishment by a government and its management”.