The Costa Mesa Sanitary District (CMSD) has been recognized by the Government Finance Officers Association (GFOA) of the United States and Canada with the Distinguished Budget Presentation Award. This recognition from the GFOA goes to local governments that prepare a budget document of the highest quality and reflect the guidelines established by both the National Advisory Council on state and local budgeting and the GFOA’s best practices on budgeting.
The Distinguished Budget Presentation Award represents a significant achievement and ultimately earned CMSD the GFOA’s prestigious Triple Crown recognition, which recognizes government agencies that have received the GFOA’s Certificate of Achievement for Excellence in Financial Reporting, along with its Popular Annual Financial Reporting (PAFR) award and the Distinguished Budget Presentation award in the same year. Only a handful of local government agencies nationwide receive this recognition annually and even fewer independent special districts have had the honor.
“The Costa Mesa Sanitary District has a long history of commitment to excellence in government finance,” said Board President Bob Ooten. “We believe complete transparency and full disclosure of our finances builds public trust and demonstrates accountability and we hope that CMSD’s recognition inspires all special districts to strive to become Triple Crown winners with the GFOA.”
The Fiscal Year 2021-23 Budget, Annual Comprehensive Financial Report (ACFR) and Popular Annual Financial Report (PAFR) are available for review on CMSD’s website.