Financial Achievements Continue With CMSD's 8th Consecutive PAFR Award

FOR IMMEDIATE RELEASE
August 15, 2023 

CONTACT: Noelani Middenway, District Clerk & Public Information Officer
TELEPHONE: (949) 645-8400 ext. 227
EMAIL: nmiddenway@cmsdca.gov 

FINANCIAL ACHIEVEMENTS CONTINUE WITH CMSD'S 8TH CONSECUTIVE PAFR AWARD

(Costa Mesa – CA) The Costa Mesa Sanitary District (CMSD) received its 8th consecutive Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR) less than a week after receiving its 12th straight Certificate of Achievement for Excellence in Financial Reporting. Both awards are presented by the Government Finance Officers Association of the United States and Canada (GFOA), a leading coalition of public finance professionals. Developed in 1991 by the GFOA, the PAFR award program encourages local governments to summarize their financial statements into shorter, easily understandable reports. The PAFR is meant to be simple and accessible, particularly for those interested in government finances but who may not have a background in finance. 

Though not all local agencies develop a PAFR, CMSD has long been a champion of the document and its importance to government transparency. CMSD's 2022 PAFR includes a general overview of the District and its programs, goals, operations, and financial position. All past and current financial statements can be viewed on CMSD's website at www.cmsdca.gov/finance

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About CMSD: Formed in 1944, CMSD is an independent special district that provides solid waste and wastewater collection services to a population of approximately 116,700 in Costa Mesa, Newport Beach, and unincorporated Orange County. For more information and the latest CMSD news, visit www.cmsdca.gov and follow CMSD on FacebookTwitter, and Instagram. To get in touch with CMSD staff, email info@cmsdca.gov or call (949) 645- 8400.