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South Suburban’s Finance Department earns Kudos AGAIN for Financial Reporting

South Suburban’s Finance Department earns Kudos AGAIN for Financial Reporting

Oct 20 2014

The Finance Department with their 2014 GFOA Distinguished Budget Presentation Award.
From left to right: Cindy Lopez-Compton, Steven Shipley, Lisa Weltzer, Linda Addison, Deb Oliver, Betsy Ellison, and Dana Langfield

The Government Finance Officers Association (GFOA) of the United States and Canada has once again recognized South Suburban Parks and Recreation’s Department of Finance for its financial reporting.

The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington, D.C.  It hosts several highly regarded professional recognition programs and this year, it awarded the District with the Certificate of Achievement for Excellence in Financial Reporting and the Distinguished Budget Presentation Award.

This is the District's 13th time receiving the Certificate of Achievement, which is the highest form of recognition in the area of governmental accounting and financial reporting. South Suburban's Department of Finance received the award for its work on the District's 2014 Comprehensive Annual Financial Report, which was submitted in April for the fiscal year that ended December 31, 2013.

The District’s Steven Shipley, CPA, director of finance, and Linda Addison, CPA, chief accountant, prepared the document, which includes the independent auditors report, the audited financial statements, management, discussion and analysis, transmittal letter and the required statistical section.

In June, South Suburban received the GFOA’s Distinguished Budget Presentation Award for outstanding governmental budgeting.

The GFOA recognized Shipley and Addison, along with the entire South Suburban finance department, for their presentation of the 2014 Budget. The District’s budget also received special recognition as an outstanding communication device for its presentation on Capital Expenditures.

These two awards reflect South Suburban’s commitment to transparency and to ensuring that its budget serves as a policy document, a financial plan, an operations guide and a communication device.

You can review all of South Suburban's comprehensive financial reports dating back to 2006 and all of its budgets dating back to 2008 online on the Audits, Budgets & Financial Reports page.