KCATA Awarded Certificate Of Achievement For Excellence In Financial Reporting
The Kansas City Area Transportation Authority (KCATA) has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report for the fiscal year that ended December 31, 2019. The Government Finance Officers Association of the United States and Canada (GFOA) awarded KCATA with the honor in early March. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting. This is the second year in a row KCATA has received the award.
“KCATA is proud to receive this recognition of our efforts to provide transparency in our budgeting process and to ensure that regulatory compliance, accurate financial reporting, and good stewardship of taxpayer funds and organizational assets is achieved,” said KCATA President and CEO Robbie Makinen. “This certificate of achievement shows the great strides KCATA has made in our social responsibly and accountability to our customers, our partner agencies, governmental bodies and our board of commissioners."
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (Certificate Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.
The award-winning financial report can be found on KCATA.org.