City of Saginaw MI -
Saginaw Wins Budget Award
Government Finance Officers Association
203 North LaSalle Street, Suite 2700 Chicago, Illinois 60601-1210
312.977.9700 fax: 312.977.4806
For Further Information Contact Stephen J. Gauthier (312) 977-9700
PRESS RELEASE - Chicago - December 29, 2012- The Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that City of Saginaw, Michigan has received the GFOA's Distinguished Budget Presentation Award for its budget.The award represents a significant achievement by the entity. It 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 operations 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.
When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for its having achieved the award. This has been presented to Office of Management and Budget.
For budgets including fiscal period 20 U, 1,328 entities received the Award. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
The Government Finance Officers Association is a nonprofit professional association serving over 17,500 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.Washington, DC Office
1301 Pennsylvania Avenue, N.W., Suite 309
Washington, DC 20004
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