TACOMA (December 19, 2007) ’ The Government Finance Officers Association (GFOA) has awarded the Port of Tacoma its Certificate of Excellence for the Port’s 2006 Comprehensive Annual Financial Report (CAFR).

According to the announcement from the Chicago-based GFOA, the award 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.”

The Port’s 2006 CAFR was judged by an impartial panel to meet high standards and demonstrate a constructive “spirit of full disclosure” to clearly communicate the Port’s financial story, the GFOA announcement stated.

“Recognition by a national professional association validates the thoroughness and hard work of our Financial staff on behalf of the citizens of Pierce County,” said Port Commission President Dick Marzano. “Our Finance team is recognized to be among the best in the Port industry. We are very proud of this achievement.”

GFOA is a nonprofit professional association serving 16,000 government finance professionals throughout North America.

Port’s 2008 Budget Document Released

The Port of Tacoma’s 2008 Budget Document is now available online. The 105-page document covers all aspects of the Port of Tacoma’s business, from a broad operational overview and Port history to budget detail, business outlook, Capital Improvement Program, Plan of Finance and environmental stewardship. To read the 2008 Budget Document, visit the “Investor Relations” section of the Port’s website at www.portoftacoma.com.

Printed copies will be available to the public at the Port Administration Building within two weeks.