The Finance department is responsible for managing the District’s financial resources, including financial control, accounting, budgeting, producing financial reports, investments, and developing long-term financial plans to meet the District’s goals.
The Fair Oaks Water District’s fiscal year starts on January 1st and ends on December 31st.
FOWD named Government Finance Officers Association Award Recipient
The Certificate of Achievement for Excellence in Financial Reporting Program (CAFR program) was established by the Government Finance Officers Association to encourage government entities to go beyond the minimum requirements of generally accepted accounting principles and to prepare CAFR reports that provide transparency and full disclosure. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting.
The Fair Oaks Water District (FOWD) was awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association for its CAFR for the year ended December 31, 2017. This is the 17th consecutive year the FOWD received this award.