Neighbor News
Northbrook Park District releases 2024 PAFR after earning award as first-timer
The Popular Annual Financial Report (PAFR) offers a snapshot of the district's fiscal health in a succinct and easily digestible format
Hot on the heels of earning an award for its first-ever Popular Annual Financial Report, the Northbrook Park District has now published a 2024 version of the document.
The Popular Annual Financial Report (PAFR) offers a snapshot of the district’s fiscal health in a succinct and easily digestible format.
The park district’s 2023 PAFR, which outlines the district’s finances for the fiscal year ending Dec. 31, 2023, received the PAFR Award from the Government Finance Officers Association. The recognition was based on reader appeal, understandability, distribution methods and creativity.
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The park district’s latest PAFR presents an overview of the fiscal year ending Dec. 31, 2024.
Readers are presented with an overview of the budget to understand how the district allocates funds to capital projects, parks, recreation facilities, programs and more.
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The document also outlines the year’s accomplishments in the areas of environmental sustainability and financial stewardship, and challenges related to infrastructure and cost increases.
Northbrook Park District Director of Finance and Technology Mike Tokar said the park district is extremely pleased to have received the award for the 2023 PAFR.
“This year’s Popular Annual Financial Report reaffirms our commitment to making financial information both accessible and meaningful, and highlights our ongoing dedication to transparency, communication and sound fiscal management,” Tokar said.
The information contained in the 2024 PAFR was primarily gathered from the Northbrook Park District’s annual budget for the fiscal year ending Dec. 31, 2024, and the Annual Comprehensive Financial Report (ACFR) audited by the firm Lauterbach and Amen, LLP.
The 2024 PAFR can be viewed here. Printed copies are available at park district facilities, including the Joe Doud Administration Building at 545 Academy Drive in Northbrook.
For more information and to view the park district’s current and historical financial documents, please visit nbparks.org/about/finance.
Established in 1927, the mission of the Northbrook Park District is to enhance the community by providing outstanding services, parks and facilities through environmental, social and financial stewardship.
