NCRTD honored by GFOA with Award for Excellence in Financial Reporting for third consecutive year

by Reporter / Aug 26, 2018 / 0 comments

NCRTD honored by GFOA with Award for Excellence in Financial Reporting for third consecutive year

The North Central Regional Transit District (NCRTD) has received the Certificate of Achievement for Excellence in Financial Reporting for its Fiscal Year 2017 Comprehensive Annual Financial Report (CAFR), from the Government Finance Officers Association (GFOA) of the United States and Canada.

Acknowledged in the Certificate of Achievement was the NCRTD Finance Department, comprised of Finance Director Hector Ordoñez and Financial Analyst Pat Lopez.

“It is with great pleasure that we accept this prestigious award on behalf of the NCRTD for the third consecutive year,” stated Ordoñez. “This award reflects the commitment of the NCRTD to meet the highest principles of governmental accounting, financial reporting and standards of communication and accountability to the constituents of Northern New Mexico. We were graded proficient in each category and this is the highest rating available in government accounting. It is a significant achievement for the District.”

In November of 2017, the department received its second consecutive Distinguished Budget Presentation Award for its Fiscal Year 2018 budget by the GFOA.