The Government Finance Officers Association (GFOA) announced that Helix Water District received a Certificate of Achievement for Excellence in Financial Reporting for its fiscal year 2021-22 Annual Comprehensive Financial Report.
The district's Annual Comprehensive Financial Report communicates the district's finances after the fiscal year closes on June 30. The Certificate of Achievement recognizes the district's efforts at organizing a financial document that is easy to read, understand and access.
The Annual Comprehensive Financial Report is one of two documents that customers and stakeholders can read to see how the organization is performing financially. The report provides end-of-year balances, the opinion of an independent third-party auditor, and historical statistical information.
"The district goes above and beyond the minimum requirements and produces a document that reflects our dedication to transparency, honesty, and sound financial practices," said Helix Water District Board President Kathleen Hedberg. "This dedication has led to the district being recognized by the Government Finance Officers Association for the past 18 years."
GFOA is a nonprofit association of public finance officials in Canada and the U.S. that establishes best practices for federal, state and local government financial reporting. The GFOA established the Certificate program in 1945 to encourage and assist state and local governments to go beyond the GFOA's minimum requirements and disclose financial information in an easy-to-read and transparent manner.
Over 4,300 public agencies participate in the Certificate program. You can find the most recent award recipients and their corresponding financial documents posted quarterly on GFOA's website at gfoa.org
Helix Water District is a local government agency responsible for tap water in San Diego's East County suburbs. The district provides water treatment for a population of 500,000 and distributes water to 277,000 people in La Mesa, El Cajon, Lemon Grove, Spring Valley and other unincorporated areas of the county.