Government Finance Officers Association of the United States and Canada (GFOA) has awarded its Distinguished Budget Presentation Award to Beach Cities Health District (BCHD) for the current fiscal period (July 1, 2022 – June 30, 3023).
“The Certificate of Achievement is the highest form of recognition in governmental budgeting,” according to Michele Mark Levine, Director, Technical Services for GFOA. “The GFOA established the awards and certificate program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles and prepare comprehensive annual financial and budget reports demonstrating transparency and full disclosure.”
“Monica Suua (CFO for BCHD) and our Finance team work diligently to provide this information for our community and their efforts truly represent our commitment to transparency,” said Tom Bakaly, CEO for Beach Cities Health District. “I am pleased to see our Finance department receive this honor, which validates their many hours of work on behalf of BCHD and the residents of the Beach Cities.”
This is the fourth consecutive year GFOA awarded BCHD its Distinguished Budget Presentation Award for its budget document.
In September, for the third straight year, GFOA presented a Certificate of Achievement for Excellence in Financial Reporting to BCHD for its annual Comprehensive Financial Report for the fiscal year ending June 30, 2021.
BCHD’s budgetary practices are available to the public online and the budget is reviewed by the District’s resident advisory Finance Committee and discussed at public Board meetings. An annual report with an overview is also mailed to Beach Cities households each year.
About Government Finance Officers Association
Government Finance Officers Association of the United States and Canada (GFOA), based in Chicago, Illinois, advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve.