Moulton Niguel Water District Honored for Excellence in Financial Reporting by Moulton Niguel Water District Jul 3, 2025 Member Submitted News Moulton Niguel Water District is being recognized for excellence in financial reporting by the country’s leading group of government finance experts. For the third consecutive year, the Government Finance Officers Association has honored Moulton Niguel with its “Triple Crown” award, the organization’s highest honor that recognizes public entities committed to transparency and excellence in financial reporting. “We are proud to once again meet the high standards for financial reporting set by the Government Finance Officers Association,” said Board President Duane D. Cave, who has more than four decades of experience in the utility industry. “By reinvesting ratepayer funds into building, maintaining and upgrading our water infrastructure system, we’re ensuring a strong and reliable water system for decades to come.” The “Triple Crown” award recognizes excellence in financial reporting for the Fiscal Year ending on June 30, 2024. To receive the GFOA Triple Crown, government entities must receive all three of the association’s public financing awards, including: Certificate of Achievement for Excellence in Financial Reporting Distinguished Budget Presentation Award Popular Annual Financial Reporting Award “We remain trusted stewards of our ratepayers’ funds,” said Joone Kim-Lopez, Moulton Niguel’s General Manager. “Moulton Niguel is making long-term investments to build a resilient water portfolio for our customers.” With more than 20,000 members, the Government Finance Officers Association is the country’s leading group of government finance professionals. The non-profit organization assists government finance professionals with implementing industry best practices and advancing excellence in public finance. The Certificate of Achievement for Excellence in Financial Reporting is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. The Distinguished Budget Presentation Award recognizes public agencies that meet nationally-recognized guidelines for effective budget presentation. The Popular Annual Financial Reporting Award honors agencies that summarize financial information in a format that is accessible and understandable to residents, businesses, community groups, and other interested parties without a background in public finance. Moulton Niguel Water District delivers high-quality drinking water, recycled water and wastewater services to customers in Laguna Niguel, Aliso Viejo, Mission Viejo, Laguna Hills, Dana Point, and San Juan Capistrano. A leader in water conservation and environmental protection, Moulton Niguel maintains one of the lowest average monthly bills in South Orange County. ###
