Government Finance Officers Association awards Chicago Housing Authority prestigious financial reporting accolade for 21st consecutive year
CHICAGO (Dec. 28, 2018): The Chicago Housing Authority (CHA) announced today that, for the 21st consecutive year, it has been awarded the prestigious Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) in recognition of outstanding accounting and financial reporting and management.
The Certificate of Achievement is the highest form of recognition in the area of government accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
The recognition is based on CHA preparing an award-winning Comprehensive Annual Financial Report (CAFR) and demonstrates CHA’s commitment to transparency in financial reporting.
“This is another example of the hard work that our entire CHA team puts forth on a daily basis,” said CHA CEO Eugene E. Jones Jr. “We are pleased and grateful to receive this award from the GFOA for the 21st consecutive year as we continue to strive for excellence.”
The CAFR details how CHA used public resources to accomplish its goals, build communities and enhance the lives of Chicagoans everywhere.
“The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial story and motivate potential users and user groups to read the CAFR,” the GFOA said in a statement.
Beyond the transparency in financial reporting, CHA has also demonstrated its commitment to sound fiscal management.
CHA will continue fostering important partnerships that help build strong, vibrant communities, ensuring even more opportunities for housing, economic prosperity and family security throughout Chicago.