Item Coversheet

CITY COUNCIL AGENDA COMMUNICATION
AGENDA DATE:AugustĀ 10, 2021
SUBJECT:

Recognition of the Budget Division for Receipt of the GFOA Distinguished Budget Presentation Award for the Fiscal Year beginning October 1, 2020.

STAFF RESOURCE:

Chris Landrum, Assistant Chief Financial Officer

Rebecca Brack, Budget Officer

ACTION PROPOSED:

Recognition of the Budget Division for Receipt of the GFOA Distinguished Budget Presentation Award for the Fiscal Year beginning October 1, 2020.




BACKGROUND

The Distinguished Budget Presentation Award has been awarded to the City of Allen by the Government Finance Officer Association of the United States and Canada (GFOA) for the Annual Budget for the fiscal year beginning October 1, 2020.

 

The Distinguished Budget Presentation Award represents a significant achievement by the City. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting.

 

In order to receive the Distinguished Budget Presentation Award, the City had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity's budget serves as: a policy document, a financial plan, an operations guide, a communications device. This is the twenty-second consecutive year that the City has received this award.

 

The Fiscal Year 2021-2022 Annual Budget will be submitted to the GFOA for award consideration. We expect to receive the award again from GFOA.  The Distinguished Budget Presentation plaque will be presented to the City Council with a brief presentation and recognition of the Budget Division staff that were involved in the preparation of the Annual Budget.



ATTACHMENTS:
Description
Award Certificate
Award News Release