City earns budget award
The City of Georgetown was recently recognized by the Government Finance Officers Association with the Distinguished Budget Presentation Award. The award is for the budget document for the fiscal year that runs Oct. 1, 2018, through Sept. 30, 2019. This was the thirtieth consecutive year that the City has received this recognition.
According to GFOA, this award reflects a commitment by the governing body and staff in meeting the highest principles of governmental budgeting. To receive the award, the City had to satisfy nationally recognized guidelines for effectively presenting a budget. The guidelines center on ensuring the budget is an effective policy document, financial plan, operations guide, and communication device.
“We work very hard on putting together the budget document every year,” Georgetown Finance Director Leigh Wallace said. “It’s great to be recognized for continuous improvement. We couldn’t have won this award without the great support from employees across the City, as well as the City Council.”
The award is given based on an examination of the City’s budget document by a panel of independent reviewers. To review the budget document, visit finance.georgetown.org.
The Government Finance Officers Association is a professional association serving more than 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington D.C.