Jeff Mascagni, C.P.A., CGFM

Chief Financial Officer

Mr. Mascagni was named Chief Financial Officer of Central Arkansas Water (CAW) in June 2014. In such position, he is responsible for the Customer Service, Finance, and Information Services departments. During his tenure with CAW, Mr. Mascagni has overseen treasury management activities, cost of service rate studies, budgetary activities, customer service technology transformations, mergers and acquisitions, and development of the CAFR for the utility. Prior to joining CAW, he was an audit manager at a regional accounting firm specializing in audits of government and not-for-profit entities. While at CAW, he worked with rate consultants in the development of rate models during rate studies in 2008, 2012, 2014, 2015, and 2018. These models were used to set rates from through 2022. He was responsible for modifying the utility’s annual budget document and CAFR to comply with Government Finance Officer Association (GFOA) requirements. CAW has received the GFOA Distinguished Budget Presentation Award 10 consecutive years, the Certificate of Achievement for Excellence in Financial Reporting 10 consecutive years, and the Award for Outstanding Achievement in Popular Financial Reporting for two consecutive years. Mascagni holds a Bachelor of Science in Accounting and a Master of Business Administration from Arkansas State University. Mascagni was recognized by Arkansas Business as a 2017 CFO of the Year finalist and he is a graduate of Leadership Arkansas Class XII. He is a Certified Public Accountant and a Certified Government Financial Manager. He is a Past President of the Association of Government Accountants (AGA) Central Arkansas Chapter and has been a speaker at numerous AGA and AWWA conferences and events.

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Central Arkansas Water