TCPUD recognized for excellence in monetary reporting
The Tahoe Metropolis General public Utility District (TCPUD) has as soon as yet again been given the Certification of Accomplishment for Excellence in Economic Reporting by the Governing administration Finance Officers Association of the United States and Canada (GFOA) for its 2019 Extensive Once-a-year Monetary Report (CAFR). This award is the best variety of recognition in the space of governmental accounting and fiscal reporting, and its attainment, for the fourth consecutive yr, represents a substantial accomplishment by the TCPUD.
“This award is produced possible by the diligence and motivation of the entire accounting workforce,” stated Ramona Cruz, TCPUD’s Chief Economic Officer. “It is a testomony to the District’s remarkable monetary administration and motivation to excellence.”
An more Award for Economical Reporting Accomplishment was presented to the TCPUD Accounting Section, the group mainly accountable for making ready the award-profitable CAFR.
To be suitable for the award, the TCPUD should go past the minimal demands of generally approved accounting ideas and prepare clear, thorough fiscal statements that offer the Board, team, and community the information and facts important to assess the District’s fiscal health. “Each calendar year we strive to give better and much more meaningful money transparency to our level and tax payers and this recognition definitely validates individuals efforts”, mentioned Sean Barclay, TCPUD Typical Supervisor. “Our Board of Directors and the entire District workers is to be recommended for their contributions to this award and their efforts to encourage economical transparency to our group.”
The TCPUD’s 2019 CAFR was rated “proficient” in 15 categories, qualifying the economic report to be an case in point for other folks throughout North The usa. An impartial panel judged the CAFR to satisfy the large specifications of the system, which includes demonstrating a constructive “spirit of whole disclosure” to plainly converse its money tale and motivate potential customers and person groups to examine the report.
The TCPUD encourages neighborhood engagement in its fiscal selections and welcomes the public to take part in its funds method. To overview District financial stories, audits, and budgets, you should visit the TCPUD site at tcpud.org/finance.
About Tahoe City Public Utility District
The Tahoe Metropolis Community Utility District offers drinking water, sewer and recreation expert services inside its company location. The boundaries of the District lie in equally Placer and El Dorado Counties, extending from Emerald Bay to Greenback Hill, and alongside the Truckee River to the Nevada County line. For further facts, contact Ramona Cruz at 530-580-6047 or send out an electronic mail to [email protected]


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