SAN ANTONIO – Brooks Development Authority has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Financial Report (CAFR). This is Brooks’ first year submission to GFOA for consideration.
The 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.
“As an organization, it is important for us to be fiscally responsible and transparent,” said Brooks City Base Leo Gomez. “This is a noteworthy achievement for the Brooks Development Authority and is a testament to the hard work of our finance team.”
Brooks Development Authority’s CAFR was judged by an impartial panel and was deemed to 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 to read the CAFR.
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago and Washington DC.
Download This Press Release: Brooks Excellence in Financial Reporting – RELEASE
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