WVWD Earns 2021 “Triple Crown” for Financial Reporting for the First Time

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Date: Aug 21 , 2023
Category: Press Release

WVWD Earns 2021 “Triple Crown” for Financial Reporting for the First Time

Government Finance Officers Association names West Valley Water District as recipient of prestigious financial reporting award

RIALTO, Calif. – West Valley Water District (WVWD) is proud to announce that it has earned the Triple Crown award from the Government Finance Officers Association (GFOA), which recognized the efficacy of financial documents prepared for Fiscal Year 2021. WVWD was one of only 331 organizations across the United States and Canada to receive the honor.

 The Triple Crown recognizes governments that have received GFOA’s Certificate of Achievement for Excellence in Financial Reporting, Popular Annual Financial Reporting Award, and the Distinguished Budget Presentation Award.

 “As West Valley Water District continues to invest in our future and our communities, it is paramount that ratepayer funds are managed responsibly, and this award demonstrates that our finance team is doing just that,” said WVWD Board President Greg Young. “I, along with my board colleagues, applaud the department for their continuous pursuit of financial reporting excellence and thank them for their great work.”

 WVWD has received the Certificate of Achievement for Excellence in Financial Reporting for 11 consecutive years and earned the Popular Annual Financial Reporting Award and the Distinguished Budget Presentation Award for the first time in Fiscal Year 2021, the first year WVWD produced those reports.

 “This award is a testament to the team’s long-standing commitment to responsibly manage funds on behalf of our customers and holding ourselves to a higher standard to truly serve them,” said WVWD Chief Financial Officer William Fox. “I am thankful for the team’s steadfast commitment to providing our communities with exemplary financial stewardship and for their dedication to being an industry model of transparency.”

 To view the award-winning documents or other WVWD reports, visit www.wvwd.org/transparency.

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The West Valley Water District has proudly served the Southern California communities of Bloomington, Colton, Fontana, Rialto, San Bernardino, and Jurupa Valley since 1952. Through name changes and consolidation, the mission has always remained the same: to provide customers with safe, high quality, and reliable water service at a reasonable rate and in a sustainable manner. The District provides water for about 98,000 customers and is overseen by a five-member, publicly elected Board of Directors.

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