In January 2010, the Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Authority for its Comprehensive Annual Financial Report (CAFR) for the fiscal year ended December 31, 2008.

This was an unprecedented sixth consecutive year that the Authority earned this prestigious award. The award is presented to government agencies whose CAFR achieves the highest standards in government accounting and financial reporting.

In order to be awarded a Certificate of Achievement, the government body must publish an easily readable and efficiently organized CAFR that demonstrates a constructive “spirit of full disclosure.”  The award presentation will take place at the Authority’s Executive Board Meeting on June 9, 2010.