City of Saginaw MI -
City of Saginaw Receives Distinguished Budget Presentation Award
the Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that the City of Saginaw has received the GFOA’s Distinguished Budget Presentation Award for its budget for the fiscal year ending June 30, 2016. This is the ninth year in a row that the City of Saginaw has received this honor.
In order to receive the budget award, the City must achieve the highest principles of governmental budgeting. These guidelines are designed to assess how well a City’s budget serves as a policy document, a financial plan, an operations guide, and 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 a City, a Certification of Recognition for Budget Presentation is presented to the individual or department primarily responsible for its achievement of the award. The GFOA has presented this award to the City of Saginaw’s Office of Management and Budget.
For Budgets beginning in 2015, 1,565 participants 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 major professional association servicing the needs of more than 18,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington D.C. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.
"I am excited and honored that the City has earned this award again this year. It is a goal my team strives for each time we put together a budget document and we take extra care to follow the best practices in governmental budgeting. I truly believe that a budget document should be as transparent as possible and that it allows the community to hold us, the City, accountable for the plans and policies we put into place. We have been fortunate to receive this award for nine consecutive years and we will continue to work on producing a better document, and hopefully continue to receive this award for many years to come." – Yolanda M. Jones, Director, Office of Management and Budget
For additional information concerning this press release, please call Yolanda M. Jones, Director of the Office of Management & Budget at 989-759-1784.
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