HCWA awarded for Excellence in Financial Reporting
The Government Finance Officers Association (GFOA) has recognized the HCWA with its Certificate of Achievement for Excellence in Financial Reporting – the ninth consecutive year the Authority has received this top industry award.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
The HCWA received the Certificate of Achievement due to the quality of its Comprehensive Annual Financial Report (CAFR). The Award specifically honors the professionalism and quality work of the HCWA Finance Department, under the direction of Chief Financial Officer (CFO) Roderick Burch.
“The Water Authority is very fortunate to have Roderick and his staff here to provide knowledge and expertise in so many areas, and for keeping the utility in good financial standing to make us a model for others around the state,” says Lindy Farmer, HCWA General Manager.
By receiving the Certificate of Achievement, the Authority’s CAFR has been judged by an independent panel to meet the highest standards of the association’s program, which includes demonstrating a constructive “spirit of full disclosure.”
In addition, the HCWA Finance Department has been praised for clearly communicating its financial story through the CAFR, while encouraging the public to read this annual financial report in hopes of better understanding and appreciating the strong fiscal position and financial stewardship of the HCWA.
Chris Wood, Ph.D.