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New Braunfels Utilities Earns National Award for Financial Excellence for 35th Consecutive Year

FOR IMMEDIATE RELEASE
Contact: Charlcee Cervantez
Senior Communications Specialist
830.312.7915 | communications@nbutexas.com

(New Braunfels, TX – August 28, 2025) – New Braunfels Utilities (NBU) has been awarded the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its annual comprehensive financial report.

The Certificate of Achievement is the highest recognition in governmental accounting and financial reporting. This attainment represents a significant accomplishment and a testament to the hard work and dedication of the entire NBU management and staff.

This marks the 35th consecutive year NBU has received this prestigious recognition, underscoring its long-standing fiscal accountability and transparency commitment.

“This is a testament to the effective management of our customers’ resources and our ongoing dedication to serving our community with excellence,” said NBU Chief Financial Officer Dawn Schriewer. “The unwavering dedication of our accounting team has led to this well-deserved recognition. It underscores our commitment to sound financial practices and transparency, which is the foundation of what we do.”

The award program, established by the GFOA to encourage excellence in financial reporting, is judged by an impartial panel of finance professionals. NBU’s report met the program’s rigorous standards by demonstrating a constructive “spirit of full disclosure.” This includes communicating its financial story to a broad audience of ratepayers, bondholders and other interested parties, and motivating them to read the report.

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About New Braunfels Utilities:

New Braunfels Utilities (NBU) is a nonprofit, community-owned provider of electric, water and wastewater services. NBU strives to be a trusted community partner with a mission of providing resilient essential services to over 60,000 customers. Utility revenues are continually invested back into the very systems that provide electricity and water to our customers’ homes and businesses. Additionally, New Braunfels Utilities makes an annual transfer to the City of New Braunfels, which in turn helps to pay for services such as fire, police and city parks. NBU is governed by a Board of Trustees comprised of the mayor and four appointed residents. Visit nbutexas.com to learn more about our services and follow NBU on Facebook at facebook.com/newbraunfelsutilities, on X at @nbutexas or on Instagram at @nbutexas.