City of Coral Gables

File #: 18-7582    Version: 1 Name:
Type: Presentation/Protocol Document Status: Noted and Filed
File created: 6/18/2018 In control: City Commission
On agenda: 7/10/2018 Final action: 7/10/2018
Enactment date: Enactment #:
Title: Congratulations to the Finance Department represented by Keith R. Kleiman, Management & Budget Director, recipient of the Government Finance Officers Association’s Distinguished Budget Presentation Award for Fiscal Year 2017-2018.
Attachments: 1. Agenda - Presentation of Budget Presentation Award 2018, 2. GFOA Correspondence

Title

Congratulations to the Finance Department represented by Keith R. Kleiman, Management & Budget Director, recipient of the Government Finance Officers Association’s Distinguished Budget Presentation Award for Fiscal Year 2017-2018.

Body

The Government Finance Officers Association of the United States and Canada established the Distinguished Budget Presentation Awards Program 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 of State and Local Budgeting and the GFOA’s best practices on budgeting and to recognize individual governments that succeed in achieving that goal.

 

The City of Coral Gables has received the GFOA’s Distinguished Budget Presentation Award for its Fiscal Year 2017-2018 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.