RIPTA Awarded Certificate of Excellence for Financial Reporting for Twelfth Year in a Row

 

Providence, Rhode Island - For the twelfth year in a row, the Rhode Island Public Transit Authority (RIPTA) has been awarded the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its FY 2023 Annual Comprehensive Financial Report. 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 association stated in its letter to RIPTA.

 

“Achieving this recognition for twelve consecutive years is a testament to RIPTA’s commitment to transparency, accountability, and excellence in financial management,” said Christopher Durand, RIPTA Chief Executive Officer. “This award underscores our ongoing dedication to responsible stewardship of public resources, and we’re honored to receive it once again.”

 

Annual Comprehensive Financial Reports are judged by an impartial panel to determine that they meet the high standards of the professional organization, including the demonstration of a constructive “spirit of full disclosure” and a commitment to clearly communicating a government or government agency’s financial story. 

 

Founded in 1906, the Government Finance Officers Association represents public finance officials throughout the United States and Canada. Their mission is to “advance excellence in public finance.”

 

For more information on RIPTA services, call 781-9400 or visit RIPTA.com.

A key report shows wholesale inflation slowed last month. The July Producer Price Index shows a rise of zero-point-one percent. The PPI measures prices that businesses receive for goods and services. Economists had been expecting a slightly higher increase, according to a survey by the Wall Street Journal.        Over one-point-three million people tuned into Elon Musk's conversation with former President Trump on X last night. Some technical issues delayed the conversation, but the pair still spoke for over two hours. They discussed the attempted assassination of Trump in Pennsylvania, immigration, Russian President Vladimir Putin, the threat of global warming, and more.        Voters are heading to the polls for primary elections in Connecticut, Minnesota, Vermont, and Wisconsin today. In Minnesota, progressive Congresswoman Ilhan Omar will defend her seat against former Minneapolis City Council member Don Samuels. The contest comes after two other members of the so-called progressive "Squad," Jamaal Bowman and Cori Bush, lost their Democratic primaries this cycle.        Tropical Storm Ernesto isn't expected to hit the U.S. mainland as it heads up the Atlantic Ocean. Current forecasts show the storm will bring heavy rain and flooding to Puerto Rico and Virgin Islands today. The National Hurricane Center says Ernesto will then head northward and into the Atlantic.        A former Colorado clerk is facing up to 22 years in prison for election tampering. Tina Peters was convicted yesterday and will be sentenced in October. Prosecutors argued she let an unauthorized person access Mesa County's voting equipment in 2021 and make a copy of hard drives, as well as pictures of passwords, and then tried to cover it up.        U.S. gymnast Jordan Chiles will not have her appeal heard by the Court of Arbitration for Sport. On Sunday, the International Olympic Committee said it would take away her bronze medal because of a scoring error. Monday, USA Gymnastics said in a statement that it was notified that CAS rules don't allow for an arbitral award to be reconsidered.        

Old News Archives