The Oxnard Harbor District is proud to be the recipient of the Certificate of Achievement for Excellence in Financial Reporting for the fifth consecutive year.
Port Hueneme, CA (PRWEB) June 26, 2015
Executives at the Port of Hueneme were notified this week that the Port received the Certificate of Achievement for Excellence in Financial Reporting for the fifth consecutive year. This certificate is awarded by the Government Finance Officers Association of the United States and Canada (GFOA) for the recipients having an outstanding Comprehensive Annual Financial Report (CAFR).
This recognition is the highest award given for governmental accounting and financial reporting, and receiving it displays a significant achievement by the governmental agency and its management team.
“The Oxnard Harbor District is proud to be the recipient of the Certificate of Achievement for Excellence in Financial Reporting for the fifth consecutive year,” said Jess Herrera, Port Commission President. “This highlights our administrations high standards of honest and open recording, that helps build trust in our community.”
Andrew Palomares, the Port’s Chief Finance & Administrative Officer, attributes this award to the hard work the entire District staff puts into the preparation of the CAFR. “The District’s CAFR takes a team effort from all departments to complete and portrays just how seriously we take the fiscal responsibility we have to the cities and communities within our boundaries and I am especially proud of the District’s Accounting department who work all year long keeping good records for the District.”
The Port’s Comprehensive Annual Financial Report was judged by an impartial panel, which reviewed it for particular standards and for showing a ‘spirit of full disclosure’ in the Port’s financials.
About the GFOA
The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.
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