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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 As Needed 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.
Check Registers By the end of each month for the activity through the prior month A listing of individual financial transactions.
Debt Information Annually (by September 30th of each year) Summary information about the BRA's outstanding debt

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.