Blountville, Tenn. – The certificate of Achievement for Excellence in Financial Reporting has been awarded to the Tri-Cities Airport Authority (TCAA) by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2019 Fiscal Year Comprehensive Annual Financial Report (CAFR).
The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. This marks the 21st consecutive year the Tri-Cities Airport Authority (TCAA) has achieved the award.
An award of Financial Reporting Achievement was also presented to Rene Weber, Tri-Cities Airport Authority’s Director of Finance, for his role in preparing the award-winning CAFR.
“We are honored to be recognized by the Government Finance Officers Association for our Annual Financial Report,” said Gene Cossey, TCAA Executive Director. “I especially appreciate the effort and attention to detail that Rene Weber and the finance staff exhibit daily when managing the Airport’s finances.”
The CAFR was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate TCAA’s financial story.