Title
Presentation of Gold Leadership Circle Award for Financial Transparency
Summary
MEETING DATE: July 20, 2010
DEPARTMENT: Finance
CONTACT: Jennifer Fung, Executive Director of Finance
RECOMMENDED CITY COUNCIL ACTION:
-
- ITEM SUMMARY:
- The City of McKinney has been awarded the Gold Leadership Circle Award by the Texas State Comptroller's Office for financial transparency.
- This project was coordinated by Alexandra Casey and Donna Chamberlain in the City's Finance Department.
- The Award is for enhancing the level of fiscal accountability and transparency to our taxpayers by publishing the City's budgets, financial reports and check registers online.
BACKGROUND INFORMATION:
- Three levels of award can be earned: bronze, silver or gold. McKinney has earned the highest ranking, a Gold level.
- Approximately only 30 other cities obtained this level of award.
- This is the first year the City has received this award.
- Our Communications and Marketing Department was also commended for our website being "a very user-friendly site."
- The award designation is valid for one year. The Gold level also means McKinney has been added to the Texas Transparency web site listing at www.texastransparency.org/local.
SPECIAL CONSIDERATIONS: None
FINANCIAL SUMMARY: None
BOARD OR COMMISSION RECOMMENDATION: None