Coachella Valley Water District’s Operating and Capital Improvement Budget for fiscal year 2022-2023 has received a Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA). This makes a decade of GFOA awards for the District since 2012.
To earn the award, CVWD had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines assess how well an entity’s budget serves as:
- A policy document
- A financial plan
- An operations guide
- A communication tool
Budget documents must be rated “proficient” in all four categories including the 14 mandatory criteria within those categories
, to receive the award.
“It is truly an honor to continue to be recognized by peers and experts in government finance across the country for CVWD’s commitment to providing the community and our customers with transparent and helpful information on the financial health, projects, and priorities of CVWD,” said Director of Finance Richard Aragon. “The numbers in this budget document represent the dedication of CVWD staff and how the District is working hard to meet the water needs of the Coachella Valley now and in the future.”
According to GFOA, there are over 1,700 participants in the Budget Awards Program. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
CVWD’s 2023 Operating and Capital Improvement Budget is available for review at, www.CVWD.org/budget2022-23.
The GFOA is a nonprofit professional association with more than 22,500 government finance professionals as members throughout North America, including CVWD representatives.
The Coachella Valley Water District is a public agency governed by a five-member board of directors. The district provides domestic and irrigation water, agricultural drainage, wastewater treatment and reclamation services, regional stormwater protection, groundwater management and water conservation. It serves approximately 113,000 residential and business customers across 1,000 square miles, primarily in Riverside County, but also in portions of Imperial and San Diego counties.