For the fourth consecutive year the Government Finance Officers Association (GFOA) has recognized OCC’s outstanding financial reporting with an Award for Outstanding Achievement for the College’s Popular Annual Financial Report (PAFR). The College also recently received a Certificate of Achievement for Excellence in Financial Reporting for its Annual Comprehensive Financial Report from the GFOA for the seventh consecutive year.
The PAFR is used to provide readers with a readily accessible and easily understandable
reporting of the College’s finances. The 24-page document provides an
overview of the College’s history, points of pride and strategic plan, and detailed
financial information about OCC’s financial planning and highlights, operating income
and expenses, budgeting for facilities and major capital projects.
“We understand financial reports are often hard to read, so we want to provide the PAFR as an easy to read alternative to increase awareness and transparent financial reporting,” said Sharon Converse, OCC Controller.
OCC is one of only two community colleges in Michigan to earn both the GFOA’s Award for Outstanding Achievement for the College’s Popular Annual Financial Report and a Certificate of Achievement for Excellence in Financial Reporting for its Annual Comprehensive Financial Report.
To view the reports, visit https://oaklandcc.edu/about/transparency-at-occ/default.aspx.
About the Government Finance Officers Association (GFOA)
The Government Finance Officers Association is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington, D.C.
About OCC
Offering nearly 100 degrees and certificates, OCC is Michigan’s largest multi-campus community college and top transfer institution. The College provides academic, career training and enriching experiences, designed to empower students to reach their potential and enhance our community. More than 1 million students have enrolled in the College since it opened in 1965. A seven-person Board of Trustees governs OCC. Board members are elected on a non-partisan, at-large basis, serve as volunteers and are not paid. Mission statement: OCC is committed to empowering our students to succeed and advancing our community. Learn more at oaklandcc.edu.
###
Media Contact: Marketing & Communications | (248) 341-2020 | contactus@oaklandcc.edu