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(Chicago, Illinois)—Government Finance Officers Association is pleased to announce that Sacramento Transportation Authority, California received GFOA's Distinguished Budget Presentation Award for its budget.

The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity's budget serves as:

• a policy document
• a financial plan
• an operations guide
• a communications device

Budget documents must be rated "proficient" in all four categories, and in the fourteen mandatory criteria within those categories, to receive the award.

There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 22,500 members and the communities they serve.

For more information, contact:
Technical Services Center
Phone: (312) 977-9700
Email: budgetaward@gfoa.org

(SACRAMENTO, CA, February 21, 2024) – The Sacramento Transportation Authority (STA) is thrilled to announce the launch of its investor relations website in collaboration with BondLink.

The newly unveiled platform, SACTA-Investor-Relations.com, marks a significant step forward for STA in enhancing communication with the investment community and the broader municipal market. 

This comprehensive platform provides easy access to well-organized financial documents, detailed project updates, ratings reports, recent news, and additional information about the Authority's impactful initiatives.

Dustin Purinton, STA’s Accounting Manager, expressed his optimism about the partnership. “We’re working towards improving and expanding information available to our investors to build our relationships. The individuals and firms who accelerate our capital improvement program deserve this level of transparency. We’re excited to continue building on this foundation with BondLink to establish even more trust in our market.”

STA now joins a growing list of prominent issuers utilizing investor relations platforms to differentiate their capital programs. Other notable entities who’ve implemented similar initiatives include the Los Angeles County Metropolitan Transportation Authority, Orange County Transportation Authority, and County of Sacramento. 

“Sacramento Transportation Authority is serving as a great model for similar issuers across the country,” said Colin MacNaught, CEO and Co-Founder of BondLink. “We always enjoy supporting such forward-thinking organizations, and we believe their current approach will continue to benefit the communities they care about serving.”

Market participants are invited to explore the newly launched website and sign up for future alerts from the Sacramento Transportation Authority at SACTA-Investor-Relations.com.

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About Sacramento Transportation Authority

Sacramento Transportation Authority (STA) is a county-wide transportation agency, governed by a 16-member Board of Directors. STA was created in 1988 when Sacramento County voters approved Measure A, the half-cent sales tax for transportation improvements in Sacramento County. The original 20-year measure (Original Measure A) was approved in 1988 and began in April 1989.  In 2004, voters approved a 30-year extension of Original Measure A beginning in April 2009 (Measure A).  All sales tax revenue is restricted for public roadway improvements and maintenance, procuring open space mitigation, public transit, air quality, and elderly and handicapped transportation programs, with a 0.75% allocation for program administration costs.

About BondLink

BondLink, a cloud-based investor relations and debt management platform for the municipal bond market, helps issuers engage more bond investors through transparency and actionable insights. Founded by CEO Colin MacNaught, who spent seven years issuing nearly $25 billion in bonds on behalf of the Commonwealth of Massachusetts, and CTO Carl Query, BondLink went live in 2016. BondLink clients issued more than $50 billion in bonds in 2023. BondLink provides its issuer clients with tools to manage their capital financing programs more efficiently while providing investors with the interim financial reports and data they need to close information gaps and make informed decisions through a single platform. The company is backed by top investors within the municipal bond market, including Intercontinental Exchange and Franklin Templeton. Headquartered in Boston, BondLink was recently named to the 2024 GovTech 100, marking its sixth consecutive appearance on the annual list.

BondLink Contact Information: 
Colin Jacob 
Director of Marketing
cjacob@bondlink.com

(Chicago, Illinois)—Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Sacramento Transportation Authority for its annual comprehensive financial report for the fiscal year ended June 30, 2022. The report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.

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 by a government and its
management.