Recently the Government Finance Officers Association announced that the City of Jersey Village, has received GFOA's Distinguished Budget Presentation Award for its Fiscal Year 2023 Budget.
The award represents a significant achievement by the city. 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 in 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(s) or department designated as being primarily responsible for having achieved the award. This has been presented to the Jersey Village Finance Department.
This is the first time the City of Jersey Village has sought and received the Distinguished Budget Presentation.
“I am incredibly thankful to Isabel Kato, our Finance Director, and Maribel Frank our former Accounting Manager for their hard work in putting together this document,” said City Manager Austin Bleess. “The citizens of Jersey Village can take pride in this award knowing the city has achieved these highest principles of government budgeting.”
There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
To view the budget documents which the city compiled for the award click here. Full city budget documents and additional financial information can be found here.