Budget & CAFR

Budget

The OCWD annual budget report is drafted and approved by the District's 10-member board of directors at a public meeting. The budget provides the financial plan to implement the District’s necessary programs, projects and work plan for the fiscal year. Please review the reports, organized by fiscal year, to learn more and view detailed budget information.

Comprehensive Annual Financial Report

The Comprehensive Annual Financial Report (CAFR) is prepared following guidelines set forth by the Governmental Accounting Standards Board. State law requires that all special-purpose local governments publish these basic financial statements within six months of the close of the agency’s fiscal year. 

Since 2008, the Government Finance Officers Association (GFOA) has recognized OCWD with the Certificate of Achievement for Excellence in Financial Reporting Program for superb financial accountability and reporting. The Program is GFOA's highest form of recognition in the area of governmental accounting and financial reporting. Please review the CAFR reports, organized by fiscal year, to learn more.