At the June 12 Park Board meeting, the financial audit for the fiscal year ending December 31, 2016 was approved. The financial activity is presented in conformance with generally accepted accounting principles and has been audited in accordance by Lauterbach & Amen, LLP. The Elmhurst Park District continues to maintain sound financial position with $43.4 million in total assets at the end of 2016. Further details of the District’s net position and statements of activity can be found in the 2016 Comprehensive Financial Report.
The report has been submitted to the Government Finance Officers Association for consideration of its Certificate of Achievement for Excellence in Financial Reporting. This past year, the District received the prestigious award for the ninth consecutive year for its 2015 financial report.