The Government Finance Officers Association (GFOA) has awarded the Finance Department of Little Rock Wastewater (LRW) the Certificate of Achievement for Excellence in Financial Reporting for its 2007 Comprehensive Annual Financial Report (CAFR).

The GFOA is a nonprofit professional association that serves approximately 16,000 professionals in the governmental finance field. The Certificate of Achievement for Excellence in Financial Reporting is the “highest form of recognition in governmental accounting and financial reporting” by the GFOA and is considered to be a “significant accomplishment by a government and its management.” Little Rock Wastewater’s CAFR was judged by an impartial panel that looked for high standards of the program such as “demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.”

This is Little Rock Wastewater’s fourth consecutive year to accomplish this feat.

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