Bill Text: IL SR1300 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Congratulates the Illinois Police Officers' Pension Investment Fund (IPOPIF) on being awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA).

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-11-19 - Referred to Assignments [SR1300 Detail]

Download: Illinois-2023-SR1300-Introduced.html

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SR1300 LRB103 42826 LAW 76076 r
SENATE RESOLUTION
WHEREAS, The members of the Illinois Senate wish to
congratulate the Illinois Police Officers' Pension Investment
Fund (IPOPIF) on receiving the Certificate of Achievement for
Excellence in Financial Reporting by the Government Finance
Officers Association (GFOA); and
WHEREAS, GFOA established the Certificate of Achievement
for Excellence in Financial Reporting Program in 1945 to
encourage and assist state and local governments to go beyond
the minimum requirements of generally accepted accounting
principles to prepare annual comprehensive financial reports
that evidence the spirit of transparency and full disclosure
and then to recognize individual governments that succeed in
achieving that goal; and
WHEREAS, The Certificate of Achievement is the highest
form of recognition in the area of governmental accounting and
financial reporting, and its attainment represents a
significant accomplishment by a government and its management
and signifies that the annual certified financial report
(ACFR) satisfied the high standards of the program; and
WHEREAS, IPOPIF was awarded the Certificate of Achievement
for Excellence in Financial Reporting for its annual

SR1300 - 2 - LRB103 42826 LAW 76076 r
comprehensive financial report for the year ending on June 30,
2023, marking the first time that the organization applied for
the award and coinciding with a more comprehensive ACFR for
fiscal year 2023 based on the growth of the fund in terms of
the investment program and transfer of assets of a majority of
the Article 3 police pension funds; and
WHEREAS, IPOPIF earned the Certificate of Achievement for
Excellence in Financial Reporting under the leadership of
Executive Director Richard White and through the efforts,
attention to detail, and commitment of Chief Financial Officer
Regina Tuczak and Senior Accountant Amy Zick; therefore, be it
RESOLVED, BY THE SENATE OF THE ONE HUNDRED THIRD GENERAL
ASSEMBLY OF THE STATE OF ILLINOIS, that we congratulate the
Illinois Police Officers' Pension Investment Fund (IPOPIF) on
being awarded the Certificate of Achievement for Excellence in
Financial Reporting by the Government Finance Officers
Association (GFOA); and be it further