How Do I?...
Click to Home
Go To Search

City News

Posted on: March 22, 2017

City Earns Trifecta Of Financial Reporting Achievements

Geneva's financial reporting and transparency efforts have culminated in its third national award in 2017, the latest for the City’s first Popular Annual Financial Report (PAFR).

The Government Finance Officers Association of the United States and Canada presented the award to Geneva at the March 20 City Council meeting. The award signifies the highest form of recognition in the field of governmental accounting and financial reporting.

The PAFR was created to help Geneva residents and stakeholders who wanted to learn more about the City’s fiscal health but might find the idea of reading the 200-page Comprehensive Annual Financial Report a daunting task. The 14-page, visually-friendly audit summary is filled with photos and graphs offering readers a better understanding of the complexities of government finances as well as:

• Population/Census data
• Top area employers
• City government organization chart
• Sales tax rates
• Property assessments & tax bill details.

The PAFR award is bestowed to less than 0.5 percent of governments across the country and represents the trifecta of Geneva’s national financial reporting achievements. Earlier this year, Geneva earned its seventh consecutive Distinguished Budget Presentation Award and fourth straight Comprehensive Annual Financial Report Award for the annual audit.

The Government Finance Officers Association is a non-profit organization serving about 17,500 government finance professionals.

Geneva’s budget and financial reports can be found on the City’s website under the “Government Transparency” link.
Facebook Twitter Google Plus Email

Other News in City News

Yard Waste, Brush Programs Start In April

Posted on: February 24, 2017

How To Report Power Outages To The City

Posted on: February 21, 2017

RiverPark Summer Series Coordinator Wanted

Posted on: February 17, 2017

ComEd Schedules Tree Trimming For January

Posted on: December 22, 2016

ComEd Schedules Tree Trimming For December

Posted on: November 18, 2016

Mosquito Spraying Scheduled For Aug. 29

Posted on: August 25, 2016

New Parking Fine Structure Approved

Posted on: June 23, 2016