Blue Grass Airport Receives National Award for Excellence in Government Accounting and Financial Reporting

Lexington, KY - The Lexington-Fayette Urban County Airport Board, the corporation that manages Blue Grass Airport in Lexington, KY, has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its 2003 Comprehensive Annual Financial Report. The award, presented by the Government Finance Officers Association (GFOA), represents the highest form of recognition in the area of government accounting.

The impartial panel appointed by the GFOA, a nonprofit professional association, serving 15,000 government finance professionals, noted that Blue Grass Airport’s Comprehensive Annual Financial Report demonstrated “a constructive spirit of full disclosure” and effectively communicated its financial story to user groups.

“We are pleased to accept this award, which reflects the exceptional standards for quality in financial reporting set forth by the Lexington-Fayette Urban County Airport Board and John Rhodes, the Director of Administration and Finance for Blue Grass Airport,” said Michael Gobb, Executive Director of Blue Grass Airport.

Blue Grass Airport is served by five major airline brands, providing convenient non-stop service to 13 cities and direct service to destinations worldwide. In 2003, Blue Grass Airport served over 1.1 million passengers and was the fifth-fastest growing airport in the nation.*

* Source: Airports Council International Passenger Rankings 2003