LITTLE ROCK — Central Arkansas Water (CAW) is a recipient of the 2017 Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) of the United States and Canada. This is the 8th time CAW has received this award. The Distinguished Budget Presentation Award is the highest recognition in governmental accounting and financial reporting and is a significant achievement by the utility.
To earn the award, the GFOA found that CAW satisfied nationally recognized guidelines for effective budget presentation and clearly communicated the utility’s financial story. CAW earned a rating of “proficient” in each mandatory category. CAW’s financial officers are Jeff Mascagni, C.P.A., Chief Financial Officer, Todd Fisher, C.P.A., Finance Manager, and Cynthia Edwards, C.P.A., Controller.
Central Arkansas Water is the largest public water supplier in the State of Arkansas. Its retail and wholesale service area encompasses approximately 450,000 residential, commercial, industrial, and wholesale consumers.
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