AGENDA ITEM REPORT
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A PRESENTATION OF THE DISTINGUISHED BUDGET PRESENTATION AWARD FOR THE CITY’S FISCAL YEAR 2018 ANNUAL BUDGET AND FIVE YEAR CAPITAL IMPROVEMENT PROGRAM.
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BACKGROUND:
The Government Finance Officers Association (GFOA) established the Distinguished Budget Presentation Awards Program in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA’s best practices on budgeting and then to recognize individual governments that succeed in achieving that goal.
Fiscal Year (FY) 2018 represents the 18th consecutive year that the City has received the Distinguished Budget Presentation Award from the GFOA. This award demonstrates the continued efforts and commitment of the Finance and Administrative Services Department in producing a high-quality budget document that serves as a policy document, an operations guide, a financial plan, and a communications device.
In addition to receiving the award, the City’s budget received the Special Performance Measures Recognition for producing a budget that identifies, tracks, and communicates performance measures by monitoring financial and budgetary status, service delivery, program outcomes, and community conditions.