File #: 11-459    Name: FY11 Budget Award Presentation
Type: Agenda Item Status: Information Sharing
In control: City Council Regular Meeting
On agenda: 10/4/2011 Final action:
Title: Government Finance Officers Association Distinguished Budget Presentation Award
Attachments: 1. Press Release & Award
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Government Finance Officers Association Distinguished Budget Presentation Award

 

Summary

 

MEETING DATE:                     October 4, 2011

 

DEPARTMENT:                      Strategic Planning and Budget

 

CONTACT:                                            Jason Cooley, Strategic Planning and Budget Director

 

 

RECOMMENDED CITY COUNCIL ACTION:

  • Acceptance of the Award
  •  
  • ITEM SUMMARY:                      
  • The Government Finance Officers Association of the United States and Canada (GFOA) presented an award for Distinguished Budget Presentation to the City of McKinney for its annual budget for the fiscal year beginning October 1, 2010 (FY2011).
  • This award is the highest form of recognition in governmental budgeting and represents a significant achievement by the City of McKinney.
  • In order to receive this award, a government unit must publish a budget document that meets program criteria as:

o                     a policy document

o                     a financial plan

o                     an operations guide

o                     a communications device 

  • This is the 27th consecutive year the City has received this award.
  •  
  • BACKGROUND INFORMATION:
  • Since the inception of the GFOA’s Distinguished Budget Presentation Awards Program in 1984, approximately 1,214 entities have received the Award. 
  • The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.

 

SPECIAL CONSIDERATIONS:                      None

 

FINANCIAL SUMMARY:                      None

 

BOARD OR COMMISSION RECOMMENDATION: None