News release
The Government Finance Officers Association of the United States and Canada has given an Award for Outstanding Achievement in Popular Annual Financial Reporting to the Santa Clarita Valley Water Agency for its Popular Annual Financial Report for the fiscal year ending June 30, 2024, the water agency announced in a news release.
The Award for Outstanding Achievement in Popular Annual Financial Reporting is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports, the release said.
SCV Water’s PAFR provides transparent and open communication to ratepayers about the agency’s finances and activities, the release said. Included in the report is information on the agency’s capital improvement project plan, community engagement activities and customer service initiatives, among others.
“We are proud to have received this award two years in a row,” Rochelle Patterson, assistant general manager of finance and administration for SCV Water, said in the release. “SCV Water is dedicated to providing our community with an accessible and engaging way to understand how the agency manages its resources and invests in projects that benefit our customers, and this award is an affirmation of that dedication.”
To receive an Award for Outstanding Achievement in Popular Annual Financial Reporting, a government unit must publish a popular annual financial report with contents that conform to program standards of creativity, presentation, understandability, and reader appeal.
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