BCHD Honored for Financial Reporting for Fifth Straight Year

REDONDO BEACH, Calif. (September 19, 2024) – The Government Finance Officers Association of the United States and Canada (GFOA) has awarded Beach Cities Health District (BCHD) with its Certificate of Achievement for Excellence in Financial Reporting for the fiscal ended June 30, 3023.

This is the fifth consecutive year GFOA awarded BCHD its Certificate of Achievement for Excellence in Financial Reporting, having received the honor each year since 2019.

“Our Finance team is extremely thorough in providing this information for our community and their work represents our commitment to transparency,” said Tom Bakaly, CEO for BCHD. “That we have received this award five years in a row demonstrates a high level of professionalism and validates their many hours of work on behalf of BCHD and the Beach Cities communities we serve.”

“This award represents a significant achievement by Beach Cities Health District,” said Michele Mark Levine, Director, Technical Services for GFOA. “The GFOA established its awards program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles and prepare comprehensive annual financial and budget reports demonstrating transparency and full disclosure.”

BCHD has also received GFOA’s Distinguished Budget Presentation Award each of the last five years.

BCHD’s budgetary practices are available to the public online and the budget is reviewed by the District’s resident advisory Finance Committee and discussed at public Board meetings. An annual report with an overview is also mailed to Beach Cities households each year.