HART Recognized for Excellence in Budget Presentation
For the third year in a row, the Hillsborough Area Regional Transit Authority (HART) has received a top transit industry award for its outstanding accomplishments in governmental budgeting. The Government Finance Officers Association of the United States and Canada (GFOA) recently awarded the transit agency with the Certificate of Distinguished Budget Presentation, for its $83.8 million FY2015 budget. This award is the highest form of recognition for governmental budgeting, and HART officials are thrilled to accept it.
"We are honored once again to receive this award from such a highly esteemed organization, and commend our finance department staff for their diligent efforts," said HART Chief Financial Officer Jeff Seward. "Their dedication to our core values ensures the agency's continued financial stability."
The agency's budget for FY2015 was reviewed by selected members of the GFOA professional staff and the Special Review Committee, to assure it met the program's high standards. Recipients were required to meet nationally recognized guidelines for effective budget presentation. GFOA assesses the effectiveness of each agency's budget as a policy document, financial plan, operations guide and communications device.
"We are very proud to be the recipient of this distinguished award. This honor reflects the agency's dedication and commitment to the highest standards and continue an on-going legacy of prudent financial management," explained HART Chief Executive Officer Katharine Eagan.