HART Finance Department Receives High Honor for Financial Reporting!

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to HART!

The GFOA Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

"We are honored by the recognition because it showcases HART's commitment to transparency," said Interim Chief Financial Officer Loretta Kirk. "This accolade serves as a testament to our ongoing efforts to foster trust and be good financial stewards, and it fuels our determination to maintain the highest standards of transparency in all that we do."

The award recognizes HART's Comprehensive Annual Financial Report for the fiscal year ending September 30, 2022.

An impartial panel reviewed the report concluding it meets the high standards of the program, which include demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.

The GFOA advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.

HART Recognized for Financial Reporting Excellence

The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to HART.

The GFOA Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

"We are honored by the recognition because it showcases HART's commitment to transparency," said Interim Chief Financial Officer Cyndy Stiglich. "Our goal is to be a good financial steward of taxpayer money and the award highlights these efforts."

The award recognizes HART's comprehensive, annual financial report for the fiscal year ending September 30th, 2019.

An impartial panel judged the report concluding it meets the high standards of the program, which include demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.

The GFOA advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.

HART Finance Department Receives High Honor!

HART Finance Department

HART has once again received the highest form of recognition in the area of governmental accounting and financial reporting from the Government Finance Officers Association of the United States and Canada (GFOA).

For the fourth consecutive year, HART has been recognized for its outstanding achievements in financial accounting by the GFOA. The transit agency was recently awarded the Certificate of Achievement for Excellence in Financial Reporting, for its FY2015 Comprehensive Annual Financial Report (CAFR). This award is the highest form of recognition for financial accounting, and it represents a significant accomplishment by the HART Finance Team.

In order to be awarded this achievement, a government unit must meet the high standards of the program including demonstrating a constructive spirit of full disclosure to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

The agency's CAFR for the fiscal year ending September 30, 2015 was reviewed by selected members of the GFOA professional staff and the Special Review Committee, to assure it met the program's high standards. These include going beyond the minimum requirements of generally accepted accounting principles and preparing comprehensive financial reports that evidence the spirit of transparency and full disclosure to clearly communicate its financial story.

The GFOA is a non-profit professional association servicing the needs of more than 17,500 government finance professionals, and has previously awarded HART the Certificate of Distinguished Budget Presentation in 2012, 2013 and 2014.