Los Angeles – Metrolink, Southern California’s commuter rail service, has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA).
The honor was granted to the agency for its comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2019. Metrolink’s report met the highest standards of the program by demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.
“When you receive an award of this nature you can’t be anything but humbled by the recognition,” said Metrolink Chair Brian Humphrey. “We know we have an incredible group of professionals at Southern California Regional Rail Authority and are proud to have their work recognized.”
The Certificate of Achievement is the highest form of recognition in the discipline of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
“I’m thrilled that our finance department’s work was showcased with this award,” said Metrolink CEO Stephanie N. Wiggins. “We work with transparency in all that we do and, in this case, it was not only noticed but truly appreciated.”
Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.
ABOUT METROLINK (metrolinktrains.com)
Metrolink is Southern California's commuter rail service enabling people to connect to their jobs and explore all that the region has to offer. Every year, Metrolink has nearly 12 million boardings from people who choose to ride the train to avoid gridlock, removing an estimated 9.3 million vehicles from the roads and reducing greenhouse gas emissions by 130,000 metric tons. Metrolink is the largest commuter rail agency in California and the third largest in the United States operating seven lines along a 538-mile network that travels across Los Angeles, Orange, Riverside, San Bernardino and Ventura counties.