Pam Palmer, James Bernier Win Financial Reporting Recognition

A press release from the McHenry County Board:

McHenry County Receives Two Awards for Financial Reporting

Pam Palmer

WOODSTOCK, IL – McHenry County has earned awards from the Government Finance Officers Association of the United States and Canada (GFOA) for two of its financial reports.

The Certificate of Achievement for Excellence in Financial Reporting for the County’s Fiscal Year 2011 Comprehensive Annual Financial Report (CAFR) 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.

This award has been received for 14 consecutive years.

In addition, the County’s Popular Annual Financial Report (PAFR) received the Award for Outstanding Achievement for Popular Annual Financial Reporting, representing the 4th consecutive year of receiving this award

McHenry County Auditor Pam Palmer and Financial Reporting Manager James Bernier are primarily responsible for preparation of both the CAFR and the PAFR.

“The receipt of these awards supports the goal of my office to provide the citizens of McHenry County with relevant and timely financial information that is transparent and readily accessible. The PAFR is especially useful to citizens, as it is a summary of the detailed CAFR, presented in a format that is easy to read and understand,” said Ms. Palmer.

The CAFR has been judged by an impartial panel to meet the high standards of the program. For the PAFR, a government unit must publish the report to conform to program standards of creativity, presentation, understandability and reader appeal.

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

Citizens can view both the CAFR and the PAFR on the County’s website at www.co.mchenry.il.us under “Financial Reports”.


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