For the 33rd consecutive year, Clarendon Hills has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada.
The most recent award was given for the village’s Annual Comprehensive Financial Report for reporting in the calendar year 2021The Certificate of Achievement for Excellence in Financial Reporting program sets specific standards for state and local governments to follow when preparing comprehensive annual financial reports, including:Advertisement
• The report must comply with generally accepted accounting principles as well as applicable legal requirements and guidelines issued by regulatory bodies. • The report must provide information on the government’s financial history as well as its current financial status and future outlook.
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