PORT CANAVERAL, FL - December 7, 2011 – For the 20th consecutive year, the Canaveral Port Authority has been recognized with the Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report (CAFR). The award from the Government Finance Officers Association of the United States and Canada is the highest recognition for governmental accounting and financial reporting.

"We have set high standards for ourselves to operate Port Canaveral with efficiency and accountability," said Commissioner Tom Weinberg, Secretary/Treasurer of the Canaveral Port Authority. "To receive this honor 20 consecutive times lauding our commitment to excellence is an achievement we highly value."

"This recognition is validation of our historical adherence to full disclosure reporting," says Joe Matheny, Chairman of the Canaveral Port Authority. "These sound business principles have allowed the Canaveral Port Authority to operate without collecting taxes since 1986, while serving as one of Central Florida’s most important economic engines." Port Canaveral currently has $100 million in construction projects in progress or initiating, including construction of a new cruise terminal; cargo terminal, fire station and Welcome Center.

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MEDIA CONTACTS:
For Canaveral Port Authority
Rosalind Harvey
321/783-7831, ext. 242
rharvey@portcanaveral.com