HomeMy WebLinkAboutItem 05.fOctober 12, 2012 Item No.
Government Finance Officers Association (GFOA)
Distinguished Budget Presentation Award
The Government Finance Officers Association of the United States and Canada (GFOA) has
granted the City of Lakeville the Distinguished Budget Presentation Award.
The Distinguished Budget Presentation Award reflects the commitment of the governing
body and staff to meeting the highest principles of governmental budgeting. In order to
receive the budget award, the entity 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 operation guide
• A communications device
Budget documents must be rated "proficient" in all four categories, and the fourteen
mandatory criteria within those categories, to receive the award. The Government Finance
Officers Association's Distinguished Budget Presentation Awards Program is the only national
awards program in governmental budgeting.
I would like to extend my appreciation to the Mayor, City Council and City Administrator for
the commitment and support provided in allowing the Finance Department the opportunity
to strive for excellence in the area of financial reporting.
I would also like to express my sincerely appreciation and gratitude to those individuals who
are dedicated and committed to this community and the high standards required for
preparation of the financial reports and budget documents. As such I would like to present
the Government Finance Officers Association Certificate of Recognition for Budget
Presentation to Senior Accountants David Lang, Tom Nesseth and Julie Werner.
Den tier, Finance Director