Golden Empire Transit District Receives Certificate of Achievement for Excellence in Financial Reporting

News Release

FOR MORE INFORMATION CONTACT:
Jill Smith
Office: 661.869.6307

FOR IMMEDIATE RELEASE
October 17, 2019

Golden Empire Transit District Receives Certificate of Achievement for Excellence in Financial Reporting

Bakersfield, CA — The Golden Empire Transit District (GET) is honored to receive the Certificate of Achievement for Excellence in Financial Reporting awarded by the Government Finance Officers Association of the United States and Canada (GFOA). The Certificate of Achievement, awarded according to each recipient’s comprehensive annual financial report (CAFR), is the highest form of recognition in the area of governmental accounting and financial reporting. Attaining the certificate represents a significant accomplishment by a government and its management.

“GET is committed to the greatest level of transparency in our annual financial reporting,” explains Karen King, GET’s CEO. “It’s important that our riders, employees, transit partners, and stakeholders have access to the information they need to assess the financial health of our organization. Our finance team works diligently every year to prepare the CAFR and it’s truly an honor to receive the Certificate of Achievement for Excellence in Financial Reporting based on their hard work.”

The CAFR was judged by an impartial panel and determined to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate GET’s financial story and motivate potential users and user groups to read the CAFR.

For more information on the award, please visit the Government Finance Officers Association of the United States and Canada at gfoa.org.

GET was formed in July 1973 and is the primary public transportation provider for the Bakersfield Urbanized Area. It is the largest public transit system within a 110-mile radius. The District’s legal boundary includes Bakersfield city limits as well as adjacent unincorporated areas. GET has a fleet of 88 compressed natural gas buses equipped with wheelchair lifts and bike racks. GET serves 16 routes, operating 7 days a week and transporting more than 6 million passengers each year with its fixed-route buses. In addition, GET operates 25 compressed natural gas GET-A-Lift buses and 7 microtransit RYDE shuttles. For more information, visit www.getbus.org or call 869.2GET (2438).