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Newhall County Water District recognized for budget practices

Posted: August 16, 2012 12:49 p.m.
Updated: August 16, 2012 12:49 p.m.
 

 

Newhall County Water District received the Distinguished Budget Presentation Award from the Government Finance Officers Associations of the United States and Canada for its 2011-12 budget, said a spokesman for the district. The award recognizes the district’s best practices in public budgeting and marks the fourth consecutive time the district has received the award.

 

"This award reflects our commitment to meet the highest principles of governmental budgeting," said Stephen L. Cole, general manager. "It’s a true honor to be recognized by our peers for a sound and transparent budget document."

 

To receive the award, Newhall County Water District needed to satisfy nationally recognized guidelines for an effective budget presentation. The guidelines are designed to assess how well an organization’s budget serves as a policy document, a financial plan, an operations guide and communications device.

 

The Government Finance Officers Association is a nonprofit professional association serving nearly 17,400 government finance professionals throughout North America.

 

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