The Fair Oaks Water District (FOWD) has been awarded for financial transparency for over 22 consecutive years, a distinction held throughout the tenure of the current Board and Management Team serving the Fair Oaks community.

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 FOWD'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 (ACFR 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 ACFR reports that provide transparency and full disclosure. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting.

The FOWD was awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association for its ACFR for the year ending December 31, 2022.  This is the 22nd consecutive year the FOWD received this award.