On Wednesday, April 29, 2020 Carmichael Water District (CWD) received the Government Finance Officers Association’s prestigious Certificate of Achievement for Excellence in Financial Reporting in recognition of CWD’s Comprehensive Annual Financial Report (CAFR) for fiscal years 2018/2019. This is the second consecutive year that CWD has been honored for it’s achievements in accounting and financial reporting.
This award recognizes governments whose CAFRs achieve the highest standards in government accounting and financial reporting. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized CAFR. This report must satisfy both generally accepted accounting principles and applicable legal requirements.
CWD has earned the distinguished Certificate of Achievement for Excellence in each year a CAFR was prepared.