Naples Airport Authority has been honored with its 12th consecutive Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its Comprehensive Annual Financial Report for fiscal year 2016-2017. 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.
“Transparency and disclosure are paramount to Naples Airport Authority, as we are a self-sustaining government agency,” said Chris Rozansky, Naples Airport Authority executive director. “We are proud to continue our record of excellence in financial reporting.”
Director of Finance and Administration Norris Langley took over responsibility of the Airport Authority’s Comprehensive Annual Financial Reports for Sheila Etelamaki, who retired in July 2017.
The GFOA, a nonprofit professional association serving approximately 17,500 government finance professionals, assembled an impartial panel to judge this year’s submitted CAFRs. Judges reviewed submissions against the program’s high standards, which include demonstration of a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR. Naples Airport Authority’s CAFR is available for download at www.flynaples.com/airport-information/financial-information.
Naples Municipal Airport is home to flight schools, air charter operators, car rental agencies, and corporate aviation and nonaviation businesses, as well as fire/rescue services, mosquito control, the Collier County Sheriff’s Aviation Unit and other community services. During the 2016-17 fiscal year, the airport accommodated 95,018 takeoffs and landings.
All funds used for the airport’s operation, maintenance and improvements are generated from activities at the airport or federal and state grants from aviation-related user fees; the airport receives no property tax dollars. The Florida Department of Transportation values the airport’s annual economic impact to the community at $283.5 million.
