District Receives Certificate of Achievement for Excellence in Financial Reporting

The Government Finance Officers Association of the United States and Canada (GFOA) has
awarded the Certificate of Achievement for Excellence in Financial Reporting to Monterey Peninsula Water
Management District for its comprehensive annual financial report (CAFR) for the fiscal year ended June 30,
2019.  This is the fourth consecutive year the District has earned this certification.

The District’s CAFR has been judged by an impartial panel to meet the high standards of the program, which
includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and
motivate potential users and user groups to read the CAFR.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and
financial reporting, and its attainment represents a significant accomplishment by a government and its
management.  T