Division 5

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.

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 2018 Annual Comprehensive Financial Report (ACFR). This marks the second consecutive year BCVWD has earned this prestigious recognition.

The District’s Accounting and Finance staff prepared its second Annual Comprehensive Financial Report in early 2019 and submitted it to GFOA for review. In March 2020, BCVWD was notified that the 2018 ACFR had earned the Certificate of Achievement, continuing the District’s success following its first award for the 2017 ACFR.

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 produce 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 professionals with expertise in public-sector financial reporting, including financial statement preparers, independent auditors, academics, and other finance professionals.

Continuing a Commitment to Transparency

Receiving the award for a second consecutive year demonstrates BCVWD’s continued commitment to providing comprehensive, transparent, and high-quality financial information to its Board of Directors, customers, and community.

The recognition reflects the ongoing efforts of the District’s Accounting and Finance staff to strengthen financial reporting, promote accountability, and provide the public with meaningful information about the District’s financial position. BCVWD is honored to receive the Certificate of Achievement for the second year in a row and remains committed to maintaining the highest standards of financial reporting, transparency, and accountability in serving the community.

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 2017 Annual Comprehensive Financial Report (ACFR).

The recognition is particularly significant for BCVWD, as the 2017 report was the District’s first Annual Comprehensive Financial Report. Accounting and Finance staff prepared the report in early 2018 and submitted it to GFOA for review. In December 2018, the District was notified that its first submission 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 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 receiving the award represents a significant accomplishment for a public agency and its management.

Reports submitted for consideration undergo a professional review by members of GFOA staff and its Special Review Committee. The committee includes experts in public-sector financial reporting, including financial statement preparers, independent auditors, academics, and other finance professionals.

A Commitment to Transparency and Accountability

Receiving this recognition for BCVWD’s first Comprehensive Annual Financial Report demonstrates the District’s commitment to providing clear, comprehensive, and transparent financial information to its Board of Directors, customers, and community.

The achievement also reflects the work of BCVWD’s Accounting and Finance staff to strengthen the District’s financial reporting practices and provide the public with meaningful information about the District’s finances.

BCVWD is honored to receive this recognition and remains committed to maintaining high standards of financial reporting, transparency, and accountability in its service to the community.

The achievement also reflects the work of BCVWD’s Accounting and Finance staff to strengthen the District’s financial reporting practices and provide the public with meaningful information about the District’s finances.

BCVWD is honored to receive this recognition and remains committed to maintaining high standards of financial reporting, transparency, and accountability in its service to the community.