Village of Libertyville Receives GFOA Triple Crown Award

VILLAGE OF LIBERTYVILLE RECEIVES PRESTIGIOUS GFOA TRIPLE CROWN AWARD

 FOR IMMEDIATE RELEASE. Libertyville, IL, July 30, 2026 –

The Village of Libertyville was recently awarded—for the second year in a row—the Government Finance Officers Association, or GFOA, Triple Crown Award, which recognizes governments that have received the following three prestigious financial awards within the same fiscal year: the Certificate of Achievement for Excellence in Financial Reporting, the Popular Annual Financial Reporting (PAFR) Award, and the Distinguished Budget Presentation Award. The Village of Libertyville is one of just 441 governments across the U.S. and Canada to have received the Triple Crown for fiscal year 2024.

At the Village Board of Trustees Meeting Tuesday night, Mayor of Libertyville Donna Johnson praised Village staff for their "extraordinary effort," noting that their work "reaffirms the Village’s commitment to transparency, accountability, and fiscal excellence."

The Village has received the Certificate of Achievement for Excellence in Financial Reporting every year since 1993, which was established by GFOA to encourage state and local governments to go above and beyond the minimum requirements to prepare reports that evidence the spirit of transparency and full disclosure.

This is the fourth year the Village has received the PAFR Award, which recognizes governments for producing this report to be easily understandable to the general public without a background in finance. Judges review the PAFRs based on reader appeal, understandability, creativity, notable achievements and overall quality and usefulness of the report.

The Village has received the Distinguished Budget Presentation Award each year since 1996, which recognizes high quality budget documents that reflect both the guidelines established by the National Advisory Council on state and local budgeting as well as GFOA’s best practices on budgeting.

The Triple Crown designation represents a significant achievement. To qualify, each entity must meet the high standards of all three separate award programs. Each award program recognizes governments that produce reports which communicate their financial stories in a transparent manner and meet applicable standards. To learn more about the award, visit www.gfoa.org/gfoa-triple-crown-winners or email coaprogram@gfoa.org. To learn more about the Village of Libertyville’s budgeting process or to see the latest budget documents, click here.