ITEM:

GENERAL MANAGER’S REPORT

 

6.

RECOGNITION OF CFO FOR GOVERNMENT FINANCE OFFICERS ASSOCIATION AWARD

 

Meeting Date:

August 18, 2025

Budgeted: 

N/A

 

From:

David J. Stoldt,

Program/

N/A

 

General Manager

Line Item No.:

 

 

Prepared By:

David J. Stoldt

Cost Estimate:

N/A

 

General Counsel Review:  N/A

Committee Recommendation:  N/A

CEQA Compliance:  This action does not constitute a project as defined by the California Environmental Quality Act Guidelines Section 15378.

 

SUMMARY: The Government Finance Officers Association (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the District for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ended June 30, 2024.  This was the tenth year that the District has achieved this prestigious award.  In order to be awarded a Certificate of Achievement, the District had to publish an easily readable and efficiently organized ACFR that satisfied both generally accepted accounting principles and applicable program requirements.  A Certificate of Achievement for Excellence in Financial Reporting is valid for a period of one year only. 

 

It was one of the District’s adopted strategic objectives to achieve the GFOA Certificate of Achievement for Excellence in Financial Reporting Program. The CFO, the District’s Administrative Services staff, and the outside auditors contributed to this effort and should be commended.

 

EXHIBITS

6-A      Certificate of Achievement for Excellence in Financial Reporting

 

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