Galveston, TX (MAR. 3, 2021) –The Galveston Wharves has once again been awarded a certificate of achievement for excellence in financial reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its annual comprehensive financial report (ACFR) for the fiscal year ended December 31, 2019. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. The port has received the award for 27 consecutive years.
The certificate is awarded to the individual, department or agency designated to prepare an ACFR for a government unit. A formal presentation to the port’s Chief Financial Officer Mark Murchison took place during the Galveston Wharves Board of Trustees meeting on March 2.
“This recognition demonstrates to the community that the port is being managed responsibly and that we are dedicated to public transparency,” said Rodger Rees, CEO and Port Director. “Without the continued hard work of an exceptional team, it would be difficult to achieve this honor.”
The ACFR was judged by an impartial review panel to meet the high standards of the program, including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the ACFR. Find the port ACFR at www.portofgalveston.com.