Worthington Libraries was recently recognized with a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) for our 2020 Annual Comprehensive Financial Report. 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.
The Library also received the GFOA Award for Outstanding Achievement in Popular Annual Financial Reporting. The library's 2020 Popular Annual Financial Report-- our first-- was reviewed by a panel of independent reviewers who evaluated it based on reader appeal, understandability, distribution methods, creativity and other elements.
The Library received an Auditor of State Award with Distinction from the office of Keith Faber, State Auditor of Ohio.
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare annual comprehensive financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.
The Popular Annual Financial Reporting Awards Program was established by the GFOA in 1991 to encourage and assist state and local governments to extract information from their annual comprehensive financial report to produce high quality popular annual financial reports specifically designed to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance and then to recognize individual governments that are successful in achieving that goal.
The Auditor of State Award with Distinction is given to entities that file an Annual Comprehensive Financial Report and receive a "clean" audit report.