For the twentieth straight 12 months, the Grand River Dam Authority is being acknowledged for excellence in monetary reporting.
In early February, GRDA realized that it will as soon as once more obtain the “Certificates of Achievement for Excellence in Monetary Reporting” from the GFOA. GRDA is receiving the certificates for its 2019 complete annual monetary report.
Based on GFOA, the GRDA CAFR was judged by an neutral panel to satisfy the very best requirements of the GFOA program. Additional, GFOA decided the GRDA CAFR demonstrated a “spirit of full disclosure” whereas clearly speaking the Authority’s monetary story.
“This recognition displays our ongoing dedication to satisfy the very best requirements of economic reporting,” mentioned GRDA Chief Monetary Officer Lorie Gudde. “We’re more than happy to obtain this certificates from the GFOA, and can proceed to supply the most effective monetary data attainable to our prospects and stakeholders.”
Entitled 12 months of Implementation, the 2019 GRDA CAFR, will be seen on-line at grda.com.
Authorities Finance Officers Affiliation advances excellence in authorities finance by offering greatest practices, skilled growth, assets, and sensible analysis for greater than 21,000 members and the communities they serve.
GRDA is Oklahoma’s largest public energy utility; totally funded by revenues from electrical and water gross sales as an alternative of taxes.