The Castaic Lake Water Agency has been granted the Distinguished Budget Presentation Award, for the 11th consecutive year, presented by the Government Finance Officers Association of the United States and Canada for its FY 2016/17 budget.

Standards to receive the award require the budget document to be rated “proficient” in four categories that establish how well the budget serves as a policy document, financial plan and more.

Valerie Pryor, administrative services manager for the Castaic Lake Water Agency, was also presented a certificate of recognition for Budget Presentation for being chiefly responsible for preparing the award-winning budget.

The FY 2016/17 Budget has been judged by an impartial panel to meet the ideal standards of the program. Award recipients have developed efforts to improve the quality of budgeting and provide superior examples for other governments throughout North America.

“The Castaic Lake Water Agency strives to provide budget documents that provide clear information to the public we serve,” said Matt Stone, general manager of the Castaic Lake Water Agency. “My congratulations to our staff in attaining this award again this year.”

The Government Finance Officers Association’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.