LANCASTER – The Antelope Valley Transit Authority (AVTA) has been honored with the highest form of recognition for its financial accounting.
AVTA’s Comprehensive Annual Financial Report (CAFR) for the 2013 fiscal year received the Certificate of Achievement for Excellence in Financial Reporting. The award was presented by the Government Finance Officers Association (GFOA).
“We are honored to accept this award as it represents some of the agency’s core values which include transparency and good stewardship,” stated AVTA Executive Director Julie Austin. “Our finance team has worked diligently to develop a financial accounting system that is top notch and this award stands as a symbol of success to all of us.”
The last time AVTA received this Certificate of Achievement was in 2008.
The CAFR was judged by an impartial panel and deemed to meet the high standards of the program, including demonstrating a “spirit of full disclosure” to clearly communicate its financial story.
The GFOA is a non-profit professional association serving approximately 17,500 government finance professionals.
“The AVTA finance team is truly exceptional and this award is another indicator of the strong leadership we continue to see emanate from the agency,” stated Board Chairman Norm Hickling.
AVTA provides local, commuter and dial-a-ride service to a population of more than 450,000 residents in Lancaster and Palmdale as well as the unincorporated portions of northern Los Angeles County.
Its total service area covers 1,200 square miles and it is bounded by the Kern County line to the north, the San Bernardino County line to the east, the Angeles National Forest to the south, and Interstate 5 to the West.
(Information via press release from the Antelope Valley Transit Authority.)
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