The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Alameda County Transportation Commission (Alameda CTC) by the Government Finance Officers Association of the United States and Canada (GFOA) for its Annual Financial Report (AFR), year ended June 30, 2020, for the ninth year in a row. This award is the highest form of recognition in the area of governmental accounting and financial reporting in the country. Receiving it represents extraordinary abilities and accomplishments by a government and its management. Alameda CTC Chair Pauline Cutter said, “I am proud to lead an organization that is unparalleled with regard to fiscal leadership and financial transparency. Alameda County transportation sales tax dollars are in safe hands with Patricia Reavey, Deputy Executive Director of Finance and Administration, at our financial helm.”
Judged by an impartial panel, Alameda CTC’s AFR was found to meet the GFOA’s highest standards. “Alameda CTC Finance Team’s stewardship of public funds and clear, accessible communications of the agency’s financial statements is second to none. This award is a tremendous honor, and I would like to appreciate Alameda CTC’s Deputy Executive Director, Patricia Reavey, for her leadership and the entire Finance Team for their unwavering commitment to uphold our promise to the taxpayers of Alameda County to deliver critical transportation projects and programs with transparency and full accountability,” says Alameda CTC Executive Director Tess Lengyel.
The GFOA is a major professional association servicing the needs of over 20,000 members that are federal, state/provincial and local finance officials. Founded in 1906, it provides top quality publications, training programs, services and products designed to enhance the skills and performance of those responsible for government finance policy and management. GFOA’s mission is to advance excellence in public finance.
For more detailed information, see the Press Release.