Finance
Elmhurst Park District Earns Certificate of Achievement for Excellence in Financial Reporting for 11th Consecutive Year
Posted January 30, 2020 - 11:04am
The Elmhurst Park District has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and this is the eleventh consecutive year the Park District has been recognized.
For Thirteenth Consecutive Year, Elmhurst Park District Earns Distinguished Budget Presentation Award
Posted October 17, 2019 - 8:18am
For the thirteenth year in a row, the Elmhurst Park District has earned the Government Finance Officers Association of the United States and Canada (GFOA) Distinguished Budget Presentation Award. In order to receive the award, the Park District had to satisfy nationally recognized guidelines for effective budget presentation that assess how well an entity’s budget serves as a policy document, financial plan, operations guide, and communications device.
District meets 2017 budget expectations
Posted July 01, 2018 - 10:00am
The Board accepted and approved the Elmhurst Park District Comprehensive Annual Financial Report (CAFR) for the year ending December 31, 2017 at its June 11, 2018 board meeting. The report was presented to the Board by the District's independent auditing firm, Lauterbach & Amen.
The financial statements report that the District continues to maintain a sound financial condition, reporting total net assets of $45.1 million. This is an increase of $1,655,520 from the prior year.
For Tenth Consecutive Year, Elmhurst Park District Earns Certificate of Achievement for Excellence in Financial Reporting
Posted November 21, 2017 - 12:08pm
The Elmhurst Park District has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and this is the tenth consecutive year the Park District has been recognized.
District Saves Over $200,000 Through General Obligation Bond Refunding
Posted May 19, 2014 - 8:45am
As interest rates fluctuate, it can be beneficial to refund (refinance) bonds to attain a lower rate. Much like refinancing your own home, refinancing General Obligation (G.O.) Bonds may reduce required interest paid over the life of the bond.