GFOA Recognizes Port of Brownsville

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GFOA Recognizes Port of Brownsville

port of brownsvilleFinancial reporting goes beyond requirements

The Brownsville Navigation District has received the highest form of recognition for governmental accounting and financial reporting for its 2016 comprehensive annual financial report. This is the sixth consecutive year the Government Finance Officers Association of the United States and Canada has recognized the port for its excellence in financial reporting.

“The Brownsville Navigation District financial team is committed to full financial transparency, as are the BND commissioners,” said John Wood, BND chairman. “We commend the team on their commitment to the district’s taxpayers and congratulate them on this well-deserved recognition.”

Carr, Riggs & Ingram, LLC, a registered public accounting firm, audited all financial statements related to the CAFR. GFOA presented the award to Stephen B. Fitzgibbons, Port of Brownsville director of finance.

“I am proud to work alongside a team of professionals dedicated to the highest principles of government accounting,” said Fitzgibbons.

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945. It encourages and assists state and local governments to go beyond the minimum requirements of accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure.

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