Rancho Water Receives Award for Excellence in Budget Preparation

The Government Finance Officers Association (GFOA) has awarded the Rancho California Water District (Rancho Water/District) the GFOA Distinguished Budget Presentation Award for significant achievement in governmental budgeting. This is the 17^th year that Rancho Water has received this award.

The GFOA plays a pivotal role in advancing excellence in government finance by providing best practices, professional development, and resources for public agencies. As a leading authority in the field, GFOA recognizes entities that exemplify outstanding budgeting practices.

Award recipients must show exemplary effort to improve the quality of budgeting and provide an excellent example for other governments throughout North America. To attain this distinguished award, Rancho Water adhered to nationally recognized guidelines, demonstrating that its budget presentation met the following criteria:

• A comprehensive policy document
• A strategic financial plan
• An operational guide
• An effective communications device

“As a recipient of this award for nearly two decades, Rancho Water is honored once again to receive this award from GFOA,” said Kathy Naylor, Rancho Water Chief Financial Officer. “This recognition represents our unwavering commitment to transparency, fiscal responsibility, and the highest standards of governmental budgeting. Rancho Water remains dedicated to providing exemplary financial stewardship as we continue to serve our community with integrity and excellence.”

With over 1,700 participants in the Budget Awards Program, Rancho Water’s achievement stands out as a testament to its dedication to fiscal responsibility and transparent financial management. The most recent Budget Award recipients, along with their corresponding budget documents, can be accessed on GFOA’s website at gfoa.org.