HMEPS Receives Award for Excellence in Financial Reporting
The Houston Municipal Employees Pension System (HMEPS) 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) for its 2011 Comprehensive Annual Financial Report (CAFR).
According to the GFOA’s release, “the Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.”
“The CAFR was judged by an impartial panel to meet the highest standards of the program including demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.”
“We are honored to be recognized by GFOA for our CAFR,” said HMEPS Executive Director Rhonda Smith. “Accurate and transparent financial reporting is a top priority at HMEPS, and we are pleased to receive the award.”
The GFOA is a non-profit professional association serving approximately 17,500 government finance professionals with offices in Chicago, IL and Washington, D.C. For more information visit www.gfoa.org.