The Town of Lady Lake has earned the Certificate of Achievement for Excellence in Financial Reporting for the 27th consecutive year.
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Town of Lady Lake for its annual comprehensive financial report for fiscal year 2020/21. The report 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 people to read the report. The report can be found at www.ladylake.org.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting and represents a significant accomplishment by the Town government and its management.
The Town submits its Annual Comprehensive Financial Report (ACFR), previously referred to as CAFR, each year.
“We publish the ACFR to provide the Town Commission, Town staff, our citizens, our lenders and other interested parties with detailed information concerning the financial condition and activities of Lady Lake,” said Finance Director Pam Winegardner. “The Town is independently audited to provide reasonable assurances that its financial statements satisfy generally accepted accounting principles and applicable legal requirements to safeguards Lady Lake’s assets.”
The award was officially presented during the Town Commission meeting on May 1.
Town of Lady Lake honored for financial reporting
