Excellence in financial reporting

Students chatting at a table Published December 04, 2023

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to College of Lake County (CLC) for its annual comprehensive financial report for the fiscal year ending June 30, 2022.

The report 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 report.

“This award recognizes that CLC maintained the highest standards for transparency and completeness in annual financial reporting,” said CLC Chief Financial Officer Kevin Appleton.

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.

To view CLC’s financial documents, visit www.clcillinois.edu/aboutclc/budget-and-finance-information