The Government Finance Officers Association of the United States and Canada has awarded Connecticut's Treasury Department certificates of achievement for excellence in financial reporting for two comprehensive annual financial reports for the fiscal year that ended June 30, 2013, state Treasurer Denise Nappier announced.
This marks the 14th consecutive year of this distinction, according to Nappier.
The CAFRs are for the short-term investment fund, the $5 billion government investment pool that Treasury manages, and the combined investment funds, in which the state's $29 billion pension and trust funds are invested.
A panel found that the reports demonstrated a constructive "spirit of full disclosure" to clearly communicate the funds' financial story and entice potential users to read them.
The nonprofit GFOA has about 17,500 government finance professional members across the country.
