CLWA Receives the CSMFO Operating Budget Excellence Award for its FY 2016/17 Budget

NEWS RELEASE
DATE:  FEBRUARY 21, 2017
FOR IMMEDIATE RELEASE

 CONTACTS:
Matt Stone, General Manager, CLWA                                         661 297-1600 ext. 239
Valerie Pryor, Administrative Services Manager, CLWA         661 297-1600 ext. 257

CASTAIC LAKE WATER AGENCY RECEIVES
THE CSMFO OPERATING BUDGET EXCELLENCE AWARD
FOR ITS FY 2016/17 BUDGET

The Castaic Lake Water Agency received the Operating Budget Excellence Award from the California Society of Municipal Finance Officers (CSMFO) for its FY 2016/17 Budget.  This is the tenth consecutive year in which the Agency has received this award.

The CSMFO Budget Awards Program is designed to recognize those agencies that have prepared a budget document that meets standards of (1) a minimum scoring of 50 points (out of 80) in the Excellence in Budgeting section and (2) a scoring of 20 out of 20 for a Meritorious Budget section.  The Agency’s FY 2016/17 Budget has been judged by impartial review to meet the high standards of the program.

CSMFO is California’s premier statewide association for finance professionals, with Chapters located throughout the State.  CSMFO seeks to improve the knowledge, skills, and performance of individuals responsible for municipal and other local government fiscal policy and management.

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About the Castaic Lake Water Agency:

The Castaic Lake Water Agency (CLWA) is the Santa Clarita Valley’s public water wholesaler. CLWA is one of 29 State Water Project contractors and receives water imported from northern California and Kern County through the California Aqueduct.  CLWA operates three large treatment plants, three major pump stations, three water storage facilities and over 45 miles of large diameter transmission pipelines delivering water to four local water retailers.  Our mission is to provide reliable, quality water at a reasonable cost to the Santa Clarita Valley. www.clwa.org