INLAND EMPIRE, CA – For the 22nd consecutive year, the Inland Empire Utilities Agency (IEUA/Agency) has been awarded the distinguished Certificate of Achievement for Excellence in Financial Reporting award by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR) for Fiscal Year 2018/2019.
This award is the highest form of recognition in government accounting and financial reporting. Receipt of this award symbolizes IEUA’s dedication to fulfilling principal standards of governmental budgeting and constitutes a significant achievement by an Agency and its management.
“Attainment of this award emphasizes Agency staff’s continuous commitment to financial transparency and accountability,” stated Shivaji Deshmukh, IEUA General Manager. “This outstanding accomplishment has been achieved for the past 22 years due to the hard work and dedication of our Finance and Accounting teams and all of the staff members who contributed to the preparation of the final document. We are humbled and proud to be presented with this award for yet another year.”
The CAFR is judged by an impartial panel to determine if it meets the high standards of financial reporting, including demonstrating a constructive “spirit of disclosure” to clearly communicate its financial story.
Government Finance Officers Association is a major professional association servicing the needs of over 20,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington, D.C.
The Inland Empire Utilities Agency covers 242-square miles, distributes imported water, provides industrial/ municipal wastewater collection and treatment services, and other related utility services to more than 875,000 people through its member agencies which include Chino, Chino Hills, Cucamonga Valley Water District, Fontana, Fontana Water Company, Montclair, Monte Vista Water District, Ontario, and Upland.