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MVTA recognized for excellence in financial reporting |
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The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Minnesota Valley Transit Authority (MVTA) by the Government Finance Officers Association of the United States and Canada (GFOA). The award was presented for the MVTA’s comprehensive annual financial report (CAFR). “We are proud and pleased to receive this report,” said MVTA Treasurer and Savage Councilmember Jane Victorey. “It is the highest form of recognition in the area of governmental accounting and financial reporting,” she said. “MVTA takes its fiduciary responsibilities very seriously and we have worked hard to earn this recognition, which is a significant accomplishment by a government and its management.”
An Award of Financial Reporting Achievement has also been awarded to MVTA Finance Officer, Lois Spear, for the role she played in preparing the award-winning 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 to motivate potential reading of the CAFR. GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals.
MVTA is the public transportation provider for residents and businesses of Apple Valley, Burnsville, Eagan, Rosemount, and Savage. Call 952.882.7500 for transit information or visit the MVTA website.
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