BTI awarded 10th consecutive CAFR designation

The West Virginia Board of Treasury Investments has been awarded its 10th consecutive Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association.

The BTI earned another CAFR, as the certificate is commonly known, for its comprehensive annual financial report. The CAFR 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.

BTI staff members collaborated to produce a report “judged by an impartial panel to meet the high standards of the program, including a constructive ‘spirit of full disclosure’ to clearly communicate its financial story and motivate potential users to read the CAFR.”

The GFOA is a nonprofit professional association serving approximately 17,500 government finance professionals with offices in Chicago, Ill. and Washington, D.C.

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