NCRTD Honored By GFOA With Award For Distinguished Budget Presentation For Third Consecutive Year

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NCRTD Honored By GFOA With Award For Distinguished Budget Presentation For Third Consecutive Year

For the third consecutive year, the North Central Regional Transit District (NCRTD) has received the Distinguished Budget Presentation Award for its Fiscal Year 2019 budget from the Government Finance Officers Association (GFOA) of the United States and Canada.

According to a statement by the GFOA, “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 effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as:

•           a policy document

•           a financial plan

•           an operations guide

•           a communications device

Budget documents must be rated ‘proficient’ in all four categories, and the fourteen mandatory criteria within those categories, to receive the award.”

In August of this year, the NCRTD Finance Department also received its third consecutive Certificate of Achievement for Excellence in Financial Reporting by the GFOA for its Comprehensive Annual Financial Report (CAFR). The GFOA Budget and CAFR awards are the highest form of recognition in governmental accounting.

The Government Finance Officers Association is a major professional association servicing the needs of approximately 18,700 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington D.C. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.


The North Central Regional Transit District provides fare-free and premium fare public transit service to an area that encompasses over 10,000 square miles of north central New Mexico including the counties of Taos, Los Alamos, Rio Arriba and Santa Fe; the Cities of Santa Fe and Española, the Village of Chama and the Towns of Taos and Edgewood; as well as the Pueblos of Pojoaque, Ohkay Owingeh, Nambé, San Ildefonso, Santa Clara, Tesuque, Taos, Picuris and the Jicarilla Apache Nation. The agency’s signature “RTD Blue Buses” provide additional transit connections to New Mexico Rail Runner Express, Santa Fe Trails, New Mexico Park and Ride, Los Alamos Atomic City Transit and Red River Miner’s Transit. More information at: RidetheBlueBus.com

 

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