St. Charles Finance Reporting Receives Award

From the City of St. Charles: For the 31st year in a row, the City of St. Charles’ Comprehensive Annual Financial Report was awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA). The award is the highest form of recognition in government accounting and finance. It recognizes the City of St. Charles for showing a spirit of full disclosure in clearly communicating the City’s finances.

The Certificate of Achievement program was established in 1946. The program encourages and assists governments to prepare financial reports of the highest quality for the benefit of citizens and others with a vital interest in a government’s finances. The program has gained widespread recognition as the premier indicator of excellence in governmental accounting and financial reporting.

“The City of St. Charles is committed to following fiscally prudent policies and maintaining transparency and accountability,” said Director of Finance Christopher Minick. “Our financial documents are always available online for anyone to access.” This latest award is for the fiscal year ending April 30, 2016. To review the Comprehensive Annual Financial Report and other financial documents, visitwww.stcharlesil.gov/departments/finance.

About the City of St. Charles

Friendly neighborhoods, diverse retailers, international employers, innovative schools, beautiful parks, varied cultural amenities, and unique architecture have earned St. Charles its reputation as the Pride of the Fox. Located in both DuPage and Kane counties, the City of St. Charles is 35 miles west of downtown Chicago, and has a population of approximately 33,000. Over 1,800 businesses, consisting of a balanced mix of retailers, restaurants and manufacturing facilities, employ more than 18,000 people. The City of St. Charles was named the #1 City for Families by Family Circle® magazine in 2011; one of the “150 Great Places in Illinois,” by the AIA Illinois; and one of the “Top 10 Towns To Live In” by West Suburban Living magazine. www.stcharlesil.gov

Image courtesy of the City of St. Charles