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Posted on: June 15, 2022

St. Charles County Government Receives Financial Reporting Honor

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to St. Charles County Government by the Government Finance Officers Association of the United States and Canada (GFOA) for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ending Dec. 31, 2020. The award 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.

St. Charles County Government has received this honor every fiscal year since 1989. The ACFR has been judged by an impartial panel to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the ACFR.

“For 31 years, our Finance Department has achieved this award, and that is a tribute to the leadership of former Finance Director Bob Schnur, his predecessors and the Finance Department staff throughout the years. This achievement is an honor for the Finance Department and for St. Charles County Government as a whole. We take pride in our sound financial planning and controlled spending of taxpayer dollars,” says St. Charles County Executive Steve Ehlmann.

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