NCRTD Garners Fourth Award For Excellence In Financial Reporting

NCRTD News:

The North Central Regional Transit District (NCRTD) has received the Certificate of Achievement for Excellence in Financial Reporting for its Fiscal Year 2018 Comprehensive Annual Financial Report (CAFR), from the Government Finance Officers Association (GFOA) of the United States and Canada.

This marks the third of the GFOA’s top national awards that have been bestowed upon the NCRTD this year and follows the Distinguished Budget Award for the FY 2019 Annual Budget and the award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR).

This makes the District one of only five governmental entities in the State of New Mexico to have garnered each of the three GFOA awards this year.

Acknowledged in the Certificate of Achievement was Finance Director Hector Ordoñez and the NCRTD Finance Department.

“This award significantly 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, ” Ordoñez said. “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 January of 2019, the department received its third consecutive Distinguished Budget Presentation Award for its Fiscal Year 2019 budget by the GFOA. In July, the District received, for the first time, the GFOA Award for its annual 2018 Popular Annual Financial Report.