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Contact: Gavin W. Morgan, (708) 383-8005
FOR IMMEDIATE RELEASE
April 7, 2017
Oak Park Township Recognized by the
Government Finance Officers Association
for FY2017 Budget
For the 14th consecutive year, Oak Park Township has received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award. This year the Township was recognized for its Fiscal Year 2017 budget for April 1st, 2016 to March 31st, 2017.
Oak Park Township has received a GFOA award each year since 2003 for its budget presentation and 2006 for its comprehensive annual financial report. The GFOA sets nationally recognized guidelines for effective budget presentation, and the Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting. The Township’s budget was rated as “proficient” in the following four categories as well as the fourteen mandatory criteria within those categories. The budget is assessed on how well it serves as:
Openness and accountability to the public are always important. In these times of added human need due to financial stresses, the Township’s stable funding, cost-effective services and public accounting are of special importance. The GFOA awards are an assurance to the Oak Park taxpayer that the Township’s finances are in good order and easily accessible for inspection.
Oak Park Township is a unique unit of Oak Park local government, providing human services to many of our more vulnerable citizens – at-risk youth needing guidance to improve their chances for a successful life, senior citizens needing support to maintain their independence and financially struggling residents who need monthly assistance and job seeking help. In addition, the Township provides funding for mental health agencies and assistance with property tax inquiries and appeals, all for about 2.5% of the local property tax bill.
Among government services, basic human services for our more vulnerable citizens deserve the special attention and care that the Township provides and with the financial accountability that the GFOA awards assure.