Tampa Port Authority Continues Trend in Financial Reporting Excellence

Falling closely on the heels of last week’s Tampa Port Authority (TPA) announcement of a seventh consecutive year of recognition for its financial reporting for 2006, the port authority is pleased to report that its 2007 end-of-year financial report has also been tapped for recognition.

The port authority received its eighth consecutive Certificate of Achievement for its Comprehensive Annual Financial Report (CAFR) for the 2007 fiscal year, from the Government Financial Officers Association of the United States and Canada (GFOA). The certificate underscores high standards in the area of governmental accounting and reporting, as well as a constructive “spirit of full disclosure” in its communication methodology.

“The port authority takes its fiduciary responsibilities very seriously,” Richard Wainio, port director and chief executive, said. “Receiving another Certificate of Achievement for financial reporting, especially in an age of increasing accountability, is a high honor.”

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