For Immediate Release
Media Contact: Nisha Wade
District Receives International Distinction for Financial Practices that Benefit Customers
BCVWD accepts prestigious award for fiscal transparency and accountability
Beaumont, CA — Beaumont-Cherry Valley Water District (BCVWD) earned the highest form of recognition in governmental accounting and financial reporting for its 2020 Annual Comprehensive Finance Report.
The Certificate of Achievement for Excellence in Financial Reporting is presented by the Government Finance Officers Association of the United States and Canada (GFOA). The District has received the highly respected certificate for four consecutive years based on its sound budgeting and reporting practices.
“This award is a testament to the dedication of staff in ensuring fiscal responsibility on behalf of customers, and signifies a noteworthy government and management accomplishment,” said Board President Lona Williams. “Securing this distinction supports the agency’s vision and values of transparency, integrity, and dedication to customers.”
The GFOA Certificate of Achievement for Excellence in Financial Reporting was established to encourage governments to expand beyond basic accounting principles to provide comprehensive financial reports that embody open, honest communication.
“Receiving this honor once again spotlights our agency’s devotion to financial accountability and stewardship of public funds,” said Daniel Jaggers, General Manager.
The GFOA advances excellence in government finance by providing guidance on best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve. Learn more about the GFOA at gfoa.org.
For more information on the District’s budgeting and financial reporting, go to bcvwd.org.
Beaumont-Cherry Valley Water District was formed in 1919 and is governed by a publicly elected five-member Board of Directors. BCVWD is an independent special district that provides water service to 59,000 customers in a 28-square-mile service area.
Beaumont-Cherry Valley Water District
560 Magnolia Avenue, Beaumont, CA 92223