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College recognized with award for financial reporting

May 18, 2020

Heartland Community College has been recognized for maintaining a high standard when it comes to reporting on finances.

The Certificate of Achievement for Excellence in Financial Reporting was awarded to Heartland Community College District #540 by the Government Finance Officers Association of the United States and Canada (GFOA) for this year’s comprehensive annual financial report (CAFR).

This award is the highest form of recognition in the area of governmental accounting and financial reporting. The attainment of the Certificate represents a significant accomplishment for the financial management of a public organization.

The individuals and/or department designated as primarily responsible for the distinguished CAFR also received an Award of Financial Reporting Achievement.

“Heartland has been recognized by the GFOA for excellence in financial reporting multiple times since I began at the College. This is a reflection of the high standard of transparent and ethical work set forth by out outgoing Vice President of Business Services and Institutional Effectiveness Doug Minter and by the outstanding staff in that department,” said President Keith Cornille. “As we conduct our search for a new Vice President of Finance and Administration we will be looking to meet the mark set by Doug that is exemplified by this honor.

The College’s CAFR has been analyzed by an impartial panel to judge its meeting of the program’s high standards, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential user groups to read the CAFR. 

About the GFOA

The Government Finance Officers Association is a major professional association that services the needs of over 20,000 appointed and elected local, state, and provincial-level government officials as well as other finance practitioners. The association is headquartered in Chicago, Illinois with offices in Washington, D.C.

Written by: Steve Fast