Accessibility

NTSB receives ‘clean’ financial report

Posted on November 18, 2009

For the seventh consecutive year, the National Transportation Safety Board's (NTSB) financial statements received an unqualified, or "clean," opinion from the Department of Transportation Inspector General.

 

The results are from an audit conducted on the NTSB's financial statements for Fiscal Year 2009. The opinion comes at a time when the NTSB has realized improvement in several management measurements.

 

"As proud as I am of the continuing professionalism of the NTSB's accident investigations," said NTSB Chairman Deborah A.P. Hersman. "I am gratified that the agency has demonstrated achievement in its stewardship of taxpayer resources."

 

Recently, the Government Accountability Office (GAO) issued a report finding that the NTSB "has fully implemented or made significant progress in adopting leading management practices in all areas in which GAO made prior recommendations." The GAO also praised the NTSB's continuing improvement of information security. GAO found that the Safety Board was in substantial compliance with the Federal Information Security Management Act (FISMA).

 

"As we work to serve the American people, we must administer our programs as efficiently and economically as possible," said Chairman Hersman. "To do this, we rely on our system of management controls to assure that our financial activities comply with applicable laws, that our items of value are safeguarded, and that our operations are accounted for properly."

 

The FY 2009-2008 Performance and Accountability Report is available at http://www.ntsb.gov/Publictn/2009/SPC0902.htm.

 

View comments or post a comment on this story. (0 Comments)

More News

New York MTA to offer real-time, on-demand service for paratransit users

he e-hail app pilot, which launches this month, will allow paratransit customers to electronically hail yellow or green taxicabs on demand, similar to popular on-demand ride services such as Uber, Lyft, and others.

Lyft, Trapeze partner for paratransit rides

Officials at Trapeze said that giving transit agencies that use Trapeze software the ability to schedule rides through Lyft’s ride-sharing platform will help lower operational costs while increasing ride availability.

NFTA, U. of Buffalo study challenges faced by riders with disabilities

“It’s our hope that our research findings will guide standards that will make buses more accessible to all,” says UB prof. Victor Paquet.

Q’Straint’s Quantum makes passenger safety push-button easy

Wheelchair and scooter users want independent transportation, and bus drivers have a schedule to maintain. Until now those two objectives often conflicted.

Conn.'s rural residents die at higher rates due to poor access to healthcare

Rural areas have fewer doctors and public transportation is centered in more urban areas.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close