Greater Rockford Airport Authority Recognized for Excellence in Financial Reporting for 21st Consecutive Year
For the 21st consecutive year, the Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to Greater Rockford Airport Authority (GRAA), Illinois, for its Annual Budget for the fiscal year beginning May 1, 2019.
The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for an effective budget presentation. The governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communications device.
GRAA Deputy Director of Finance and Administration Michelle Cassaro and the finance staff produced the award-winning financial report.
“Our administration and finance department continue to do an outstanding job each year in providing transparency on the airport’s financial picture,” said RFD Director Mike Dunn. “We remain committed to providing this insight to taxpayers through our annual financial report.”