Airport Authority Wins Financial Reporting Award

 KNOXVILLE, Tenn. (Sept. 14 2020) — The Metropolitan Knoxville Airport Authority (MKAA) has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA) of the United States and Canada for its Comprehensive Annual Financial Report (CAFR) for the 2019 fiscal year. The CAFR has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story.

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. This year marks the twenty-seventh year in a row that the MKAA has received this financial award.

“Each year, our comprehensive annual financial report serves as the foundation of our current and future fiscal plan for airport operations and capital projects,” said Eddie Mannis, Chairman of the MKAA Board of Commissioners. “We are honored to receive this award and commend our internal staff and external auditors for consistently creating an award-winning report that is both comprehensive and accurate in its presentation of our organization’s financial situation.”

The GFOA also recognized Jennifer Whitaker, MKAA Controller, for her contributions to the award-winning CAFR. Whitaker was presented an Award of Financial Reporting Achievement.

### 

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.