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Posted on: May 9, 2019

SWA receives award for excellence in financial reporting

SWA Board with CAFR award

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to Sweetwater Authority (Authority) by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental and financial reporting, and its attainment represents a significant accomplishment by a government agency and its management. This is the Authority’s second time receiving this prestigious honor.

“Obtaining this prestigious award from GFOA for the second time solidifies the Governing Board’s commitment to transparency and fiscal responsibility for our rate payers,” said Steve Castaneda, Board Chair.

The CAFR was judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivating potential users and user groups to read the CAFR.