News release
The Santa Clarita Valley Water Agency announced it has received the Distinguished Budget Presentation award for its FY 2025/26 and FY 2026/27 Biennial Budget from the Government Finance Officers Association.
In addition to the award, the agency’s budget also received special recognition for its performance measures and strategic goals and strategies, according to a news release from SCV Water.
“The award represents a significant achievement and reflects the commitment by the agency’s board of directors and staff to meet the highest principles of governmental budgeting,” the release said.
This is the fifth consecutive Distinguished Budget Presentation Award the agency has received from the GFOA.
“It is an honor to receive this award for the fifth time and exemplifies SCV Water’s commitment to being trusted stewards of ratepayer funds,” Rochelle Patterson, assistant general manager – finance and administration, said in the release. “Earning the award further cements the agency’s dedication to transparency, trust and accountability with our community.”
To receive the award, SCV Water needed to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as:
A Policy Document.
A Financial Plan.
An Operations Guide.
A Communications Device.
Budget documents must be rated “proficient” in all four categories, and in the 14 mandatory criteria within those categories, to receive the award. Special recognition is awarded when all three reviewers give the highest score possible in particular categories.
There are more than 1,900 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, the release said.
SCV Water wins award for budget presentation
