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Financial Reports
Created by the Texas Legislature in 1929, the Brazos River Authority is self
supporting receiving no funding from the state. With the exception of occasional governmental
grants for specific projects, the Authority maintains its operation through the sale of water to
municipalities, industry, mining, and agriculture and through the operation of water and wastewater
treatment systems for the communities it serves.
The Authority strives to provide reliable and timely financial information
to its customers, stakeholders, and other interested parties by posting this financial
information online in an accessible and easily obtained format.
Documents included in this section:
|
Document |
Published |
Description |
| Comprehensive Annual Financial Report (CAFR) |
Annually (after presentation to Board of Directors at January Board meeting) |
Financial results for the prior fiscal year. |
|
Annual Operating Plan (Budget) |
Annually (by September 1 of each year) |
Annual plan for operating and capital expenditures.
Hyperlinks to each section are included in the Table of Contents. |
|
Long Range Financial Plan |
Bi-annually (by September 1 of each odd numbered fiscal year) |
Planning document for long range capital projects. |
|
Quarterly Budget Report |
Quarterly (by Feb. 1, May 1, Aug. 1 and Nov 1 for prior quarter) |
Quarterly report to Board of Directors on current year actual results
compared to approved budget. |
|
Quarterly Investment Report |
Quarterly (by Feb. 1, May 1, Aug. 1 and Nov 1 for prior quarter) |
A quarterly report of all of the Authority’s cash and investments
as required by the Public Funds Investment Act. |
The Brazos River Authority's fiscal year runs from September
1 to August 31 of each year.
Awards for Financial Presentation
The Authority's Comprehensive Annual Financial Report (CAFR) has received the
Government Finance Officers Association of the United States and Canada (GFOA) Certificate of
Achievement for Excellence in Financial Reporting every year since 1986. This certificate is
awarded to governmental entities that go beyond the minimum requirements of generally accepted
accounting principles and prepare comprehensive annual financial reports that evidence the spirit
of transparency and full disclosure.
The Authority's Annual Budget has received the Government Finance Officers
Association of the United States and Canada (GFOA) Distinguished Budget Presentation Award every
year since 2008. This award reflects the commitment of the governing body and staff to meet the
highest principles of government budgeting. In order to receive the budget award, the entity must
satisfy nationally recognized guidelines for effective budget presentation.
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