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Financial Reports


Annually the Village of Shorewood has an audit performed by an independent auditing firm.

The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Village of Shorewood for its Comprehensive Annual Financial Report for the fiscal year ended March 31, 2013. In order to be awarded a Certificate of Achievement a government must publish an easily readable and efficiently organized Comprehensive Annual Financial Report (CAFR). This report satisfied both generally accepted accounting principles and all applicable legal requirements.

We believe that our current Comprehensive Annual Financial Report for fiscal year ending 3/31/14 continues to meet the Certificate of Achievement Program’s requirements and we are submitting it to the GFOA to determine its eligibility for another certificate.