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Hazelwood Receives Finance Award

For Eighteenth Consecutive Year

The Certificate of Achievement for Excellence in Financial Reporting was awarded to Hazelwood by the Government Finance Officers Association (GFOA) of the United States and Canada for its comprehensive annual financial report (CAFR). This is the highest recognition a city can receive for its financial reporting, and Hazelwood has been so honored for the past 18 years.

Each year, Hazelwood’s CAFR is judged by an impartial GFOA panel to see if it meets their high standards. This honor represents a significant achievement by a government. The CAFR for Hazelwood demonstrated a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate users to read the CAFR.

The Financial Reporting Achievement award is given to the individual(s), department or agency designated by the government as primarily responsible for preparing the CAFR. Lori Helle, Director of Finance, received the award, but said, “What this means is that we have presented a financial report that makes it easier for end-users to read and clearly demonstrates the City’s financial status. So it’s a very prestigious award and I’m honored to share it with my department employees who work so hard to maintain this level of excellence.”

The GFOA is a nonprofit professional association serving about 17,500 government finance professionals with offices in Chicago and Washington, D.C.

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