PWD receives highest award for financial reporting


(Greater Portland) – The Portland Water District was recently awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA). The certificate is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. This is the sixteenth year in a row that the Portland Water District has met the strict guidelines for achieving this award.

The Portland Water District’s Comprehensive Annual Financial Report (CAFR) has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive ‘spirit of full disclosure’ to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.