Division 1

Beaumont-Cherry Valley Water District (BCVWD) is proud to announce that it has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for the District’s 2020 Annual Comprehensive Financial Report (ACFR).

This marks the fourth consecutive year BCVWD has earned this recognition. The District’s Accounting and Finance staff prepared its fourth Annual Comprehensive Financial Report in early 2021 and submitted it to GFOA for review. In February 2022, BCVWD was notified that the 2020 ACFR had earned the Certificate of Achievement.

Excellence in Financial Reporting

GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945 to encourage state and local governments to go beyond the minimum requirements of generally accepted accounting principles and prepare comprehensive annual financial reports that demonstrate a commitment to transparency and full disclosure. 03a – Staff Report Acknowledge…

The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and earning the award represents a significant accomplishment for a public agency and its management.

Reports submitted to the program undergo a professional review by GFOA staff and members of its Special Review Committee. The committee includes individuals with expertise in public-sector financial reporting, including financial statement preparers, independent auditors, academics, and other finance professionals. 03a – Staff Report Acknowledge…

Four Consecutive Years of Excellence

Receiving the Certificate of Achievement for a fourth consecutive year reflects BCVWD’s continued commitment to providing its Board of Directors, customers, and community with comprehensive, transparent, and high-quality financial information.

Since preparing its first comprehensive annual financial report, the District has continued to meet GFOA’s standards for excellence in governmental accounting and financial reporting. The continued recognition demonstrates BCVWD’s focus on sound financial management, accountability, and clear communication of the District’s financial position. BCVWD is proud to receive this recognition for the fourth consecutive year and remains committed to maintaining high standards of financial reporting, transparency, and accountability while responsibly managing the resources entrusted to the District.

Did you know you can watch California drought conditions along with BCVWD? Visit droughtmonitor.unl.edu/CurrentMap/StateDroughtMonitor.aspx?CA. BCVWD has a 35-million-gallon water storage capacity, just one of the many ways we are prepared for droughts and emergencies.

“Thanks to thoughtful planning and continuous monitoring, BCVWD is prepared to meet customers’ water demands even during multiple years of extreme dry weather,” said Director Andy Ramirez, on behalf of the Beaumont Cherry Valley Water District Board of Directors.

Beaumont-Cherry Valley Water District (BCVWD) is proud to announce that it has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for the District’s 2019 Annual Comprehensive Financial Report (ACFR).

This marks the third consecutive year BCVWD has earned this recognition. The District’s Accounting and Finance staff prepared its third Annual Comprehensive Financial Report in early 2020 for Fiscal Year 2019 and submitted it to GFOA for review. In February 2021, the District was notified that its 2019 ACFR had earned the Certificate of Achievement.

Excellence in Financial Reporting

GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945 to encourage state and local governments to go beyond the minimum requirements of generally accepted accounting principles and prepare comprehensive annual financial reports that demonstrate transparency and full disclosure.

The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and earning the award represents a significant accomplishment for a public agency and its management.

Reports submitted to the program undergo a professional review by GFOA staff and members of its Special Review Committee. Reviewers include individuals with expertise in public-sector financial reporting, including financial statement preparers, independent auditors, academics, and other finance professionals.

Three Consecutive Years of Excellence

Receiving the award for a third consecutive year reflects BCVWD’s continued commitment to providing comprehensive and transparent financial information to its Board of Directors, customers, and community.

Beginning with the District’s first Annual Comprehensive Financial Report, BCVWD has continued to meet the high standards established by GFOA for excellence in governmental accounting and financial reporting. BCVWD is proud to receive this recognition for the third year in a row and remains committed to transparency, accountability, and responsible financial management in its service to the community.