10-27-14 Regular Meeting of La Porte City Council

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Distinguished Budget Presentation Award The Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that the City of La Porte, Texas has received the GFOA’s Distinguished Budget Presentation Award for its annual budget for the fiscal year beginning October 1, 2013. The award represents a significant achievement by the City. It reflects the commitment of the City Council and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the City had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well the City’s budget serves as (1) a policy document; (2) a financial plan; (3) an operations guide, and (4) a communicationsdevice. Budget documents must be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories, to receive the award. For budgets including fiscal period 2013,over 1,400participants have received the Award. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America. The City of La Porte has received this award since 1990. The Government Finance Officers Association is a nonprofit professional association serving nearly 18,000government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national th awards program in governmental budgeting. This is the twenty-fourth (24) consecutive year that the city has received this prestigious award. City staff currently responsible for budget presentation include: City Manager’s Office, Directorof FinanceMichael Dolby, Treasurer Shelley Wolnyand Accountant Gay Collins. Request Photo and Press Release