The Tualatin Valley Water District (TVWD) recently received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award. The prestigious national honor was earned for TVWD’s outstanding presentation of the 2019-2021 biennial budget.
The award reflects TVWD’s commitment to meeting the highest standards of governmental budgeting, and the desire to make the budget understandable to all customers. The award is based on how well the budget document serves as:
- A policy document
- A financial plan
- An operations guide
- A communications device
The budget provides detailed information about TVWD’s investments in the water system, the budgeting process, and provides a multi-year financial outlook.
“This award is a testament to the hard work of our entire budget team, which was led by our recently retired budget officer Tod Burton,” said Paul Matthews, TVWD’s Chief Financial Officer. “The team works hard to produce a straightforward budget that our customers can understand.”
The 2019-21 budget includes:
- Budget Message – a summary of the budget process and district initiatives,
- Multi-Year Financial outlook – a summary of the projected economic conditions, expenditures and rate adjustments,
- Biennial budget, and
- Capital Improvement Plan.
To view TVWD’s 2019-2021 budget, please visit: www.tvwd.org/budget.
The Government Finance Officers Association is a nonprofit professional association serving 17,400 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national governmental budgeting awards programming, with 1,600 entities earning recognition.