The Santa Clarita Water (SCWD) a division of Castaic Lake Water Agency received the Distinguished Budget Presentation Award presented by the Government Finance Officers Association (GFOA) of the United States and Canada for its FY 2012/13 Budget.
This award reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting. This is the second consecutive year in which SCWD has received this award.
To receive the award, the budget document must be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories that demonstrate how well the budget serves as a policy document, a financial plan, an operations guide and a communications device.
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Elizabeth Ooms-Graziano, Retail Administrative Officer for Santa Clarita Water Division, received a Certificate of Recognition for Budget Presentation for being primarily responsible for preparing the award-Winning budget.
Award recipients have prepared efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.
The CSMFO Budget Awards Program is designed to recognize those agencies that have prepared a budget document that meets standards that include (1) a minimum score of 50 points (out of 80) in the Excellence in Budgeting section; and (2) a score of 20 out of 20 for a Merìtorious Budget section. The Santa Clarita Water FY 2012/13 Budget has been judged by impartial review to meet the high standards of the CSMFO program.
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