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Posted on: July 25, 2019

CVWD Receives Award for Excellence in Financial Reporting

CAFR Award

The Cucamonga Valley Water District (CVWD) is pleased to announce it is the recipient of the Certificate of Achievement for Excellence in Financial Reporting for its fiscal year 2018 Comprehensive Annual Financial Report (CAFR). This Certificate of Achievement, awarded by the Government Finance Officers Association, is the highest form of recognition in the area of governmental accounting and financial reporting and represents CVWD’s good governance and transparency.

“CVWD is committed to open communication with the community we serve, and the CAFR is a tool we use to showcase our financial health,” commented CVWD Board President James V. Curatalo Jr. “Each year staff works diligently to assemble an easy-to-read financial report that is also engaging. We encourage customers to visit our website to read the CAFR and learn more about their water district.”  

The CAFR consists of an independent auditor’s report and audited financial statements for the District, and is an annual requirement for all public agencies. CVWD has earned this recognition 17 consecutive years, demonstrating the District’s commitment to the highest principals of governmental finance practices. The CAFR is reviewed and judged by an impartial panel to meet the high standards of the program which include presenting an agency’s financial story in an easy to understand format.   

To view CVWD’s award-winning CAFR and to learn more, click here.

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