SALEM:  Lottery receives National Financial Reporting Award

SALEM: Lottery receives National Financial Reporting Award

For the 10th consecutive year, the Oregon Lottery has received the Certificate of Achievement for Excellence in Financial Reporting.

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.

The award is presented each year by the Government Finance Officers Association of the United States and Canada. The Oregon Lottery received the award for its comprehensive annual financial report (CAFR).

The CAFR has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

Since the Oregon Lottery began selling tickets April 25, 1985, it has earned over $11 billion for economic development, public education, state parks, and watershed enhancements.