Tampa Bay Water Receives Certificate of Excellence in Financial Reporting - Tampa Bay Water News Releases

Tampa Bay Water Receives Certificate of Excellence in Financial Reporting

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Contact: Marq Caughell


CLEARWATER, Fla. (Oct. 3, 2018) — Tampa Bay Water has been awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its 2017 comprehensive annual financial report.

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.

 “We strive to be transparent in how we handle the public’s investment in their drinking water infrastructure,” said Christina Sackett, Tampa Bay Water’s chief financial officer. “It’s our duty to provide our member governments and their citizens with the financial information they need to know that their hard-earned money is responsibly managed.”

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure, and recognize individual governments that succeed in achieving that goal.

Participating in the GFOA helps Tampa Bay Water maintain its place as a respected member of the Tampa Bay community by ensuring transparent communications with its member governments and stakeholders regarding financial accountability.

About Tampa Bay Water

Created in 1998 as a true regional water utility, Tampa Bay Water is the largest wholesale water supplier in Florida. Providing high-quality drinking water for more than 2.5 million residents of the Tampa Bay area, Tampa Bay Water is the result of collaboration among its member governments, which include the cities of New Port Richey, St. Petersburg and Tampa, and the counties of Hillsborough, Pasco and Pinellas. For more information, visit tampabaywater.org.

About the GFOA

The Government Finance Officers Association is a major professional association servicing the needs of nearly 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services and produces designed to enhance the skills and performance of those responsible for government finance policy and management.