The 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. To receive the award, the budget document must be rated “proficient” in all four categories that demonstrate how well the budget serves as a policy document, a financial plan, an operations guide and a communications device. The award reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting.
This is the seventh consecutive year in which the Agency has received this award.
Valerie Pryor, Administrative Services Manager for the Castaic Lake Water Agency, received a Certificate of Recognition for Budget Presentation for being primarily responsible for preparing the award-winning budget.
The FY 2012/13 Budget has been judged by an impartial panel to meet the high standards of the program. Award recipients have pioneered 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 GFOA is a nonprofit professional association serving approximately 17,600 government finance professionals with offices in Chicago, IL, and Washington, D.C.