For the 21st consecutive year, the Livermore Amador Valley Transit Authority (LAVTA) has earned the prestigious Certificate of Achievement for Excellence Award in Financial Reporting. This award was received for LAVTA’s excellence in financial reporting in their 2016 Comprehensive Annual Financial Report (CAFR).
The Government Finance Officers Association (GFOA) established this award in 1945 to encourage state and local government agencies to exceed the minimum requirements of generally accepted accounting principles in preparing their annual financial reports. The award program assesses whether the financial statements of participating agencies provide the detail necessary for users of the information to adequately evaluate the financial health of the organization.
About the Livermore Amador Valley Transit Authority
The Livermore Amador Valley Transit Authority (LAVTA) was created in 1985 by the cities of Dublin, Livermore and Pleasanton and Alameda County to serve area transit needs. LAVTA serves nearly 2 million passengers a year on our Wheels bus and paratransit services.
LAVTA supports environmental sustainability by reducing vehicle trips and traffic congestion on local streets and improving air quality in the Tri-Valley region. In addition to passenger fares, the agency is supported financially by federal, state and local agencies, including the Alameda County Transportation Commission’s Measure B and BB.