The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to Columbia Power & Water Systems (CPWS) for its annual comprehensive financial report for the fiscal year ended June 30, 2024.
Under the guidance of Chief Financial Officer Ashley Maddux, CPWS has earned this award for the 20th consecutive year.
“Ashley and her team continue to showcase the effort we put forth each year to be good stewards of the public’s money,” CPWS CEO Jonathan Hardin said. “Our ratepayers are fortunate to have someone so dedicated to in this endeavor.”
Maddux added, “Our team here at CPWS works tirelessly to make sure that everything we do is beneficial to the customers we serve. I’m very proud to a be a part of such a dedicated group of people.”
The report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.
The Certificate of Achievement 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.
About CPWS
Columbia Power & Water Systems (CPWS) is a public utility providing services to the citizens of Columbia and Maury County. CPWS does much more than just keep the lights on, water flowing, and internet buzzing. We believe local direction and controls put the community’s interests first above all else. Serving customers since 1939, Columbia Power & Water Systems operates under the Board of Public Utilities of the City of Columbia. For more about CPWS, visit cpws.com.