Accounting News

Water district appoints ad hoc committee to look at accounting and financial systems

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With an eye on improving the Ramona Municipal Water District’s accounting and financial reports, the district’s board of directors unanimously agreed Jan. 12 to appoint a two-person Ad Hoc Financial Reporting Committee, though the committee’s goals and objectives are being debated.

The committee is tasked with reviewing and recommending potential changes to the district’s accounting practices and the contents and format of its financial reports, district officials said. The intent is to report the findings and make recommendations if appropriate to the board on Feb. 9.

Committee members, directors Gary Hurst and Jeff Lawler, plan to begin meeting this week

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