• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About
  • Advertise
  • Submit News
  • Contact Us

Capital Soup

Florida News Straight From the Source

  • Soup Du Jour
  • People
  • Government
  • Campaign
  • Business
  • Education
  • Insights
  • Video
You are here: Home / Government / The Florida Lottery receives financial reporting award for the third consecutive year

The Florida Lottery receives financial reporting award for the third consecutive year

Posted on June 24, 2020

The Florida Lottery today is pleased to announce its Division of Accounting has received the Government Finance Officers Association’s (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its 2018-19 Comprehensive Annual Financial Report. This marks the third consecutive year that the Lottery has received this esteemed award.

The GFOA award is the highest form of recognition in governmental accounting and financial reporting and is awarded to entities who go above and beyond the minimum requirements of generally accepted accounting principles, indicating a spirit of transparency and full disclosure. Its attainment represents a significant accomplishment by a government and its management.

The Lottery’s Comprehensive Annual Financial Report was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story.

ABOUT THE FLORIDA LOTTERY
The Florida Lottery is responsible for contributing more than $37 billion to education and sending more than 840,000 students to college through the Bright Futures Scholarship Program. The Florida Lottery reinvests 98 percent of its revenue back into Florida’s economy through prize payouts, commissions to more than 13,000 Florida retailers and transfers to education. Since 1988, Florida Lottery games have paid more than $69 billion in prizes and made more than 3,000 people millionaires. For more information, please visit www.flalottery.com.

Share this article! Share on FacebookShare on Twitter

Filed Under: Government Tagged With: florida lottery

Primary Sidebar

    Submit News    

Democratic Lawmakers Condemn GOP Legislation Targeting Civil Rights Protests

Prominent Democratic lawmakers on Thursday sharply condemned Republican-backed legislation filed for the … [Read More...] about Democratic Lawmakers Condemn GOP Legislation Targeting Civil Rights Protests

MEGA MILLIONS jackpot increases to $625 million ahead of tonight’s draw

MEGA MILLIONS® and POWERBALL® Combined Jackpots climb to $1.1 Billion! Players have a chance to win big this … [Read More...] about MEGA MILLIONS jackpot increases to $625 million ahead of tonight’s draw

Southeast Florida Behavioral Health Network Partners with Law Enforcement to Reduce Opioid Deaths

In response to the rising opioid epidemic, Southeast Florida Behavioral Health Network is working with the … [Read More...] about Southeast Florida Behavioral Health Network Partners with Law Enforcement to Reduce Opioid Deaths

Keep in Touch

  • Email
  • Facebook
  • Twitter

Newsletter signup

Stay in the loop! Subscribe to our weekly newsletter to receive a brief recap of the week's most popular stories.

Footer

News

  • Soup Du Jour
  • People
  • Government
  • Campaign
  • Business
  • Education
  • Insights
  • Video

About Us 

  • About
  • Advertise
  • Submit News
  • Contact Us

Keep in Touch

  • Email
  • Facebook
  • Twitter

Copyright © 2021
Terms & Conditions

© Copyright 2021 Capital Soup · All Rights Reserved ·