Tuesday, November 29, 2016

Springfield receives 10th straight Distinguished Budget Award

(From the City of Springfield)

For the 10th year in a row, the City has received the Government Finance Officers Association’s Distinguished Budget Presentation Award for its budget. The award 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 organizations 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, financial plan, operations guide and a communications device.

There are four areas and more than 20 criteria upon which the document is rated.

The award reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting.

In order to receive the award, budgets must be rated “proficient” in all four categories, and the mandatory criteria within those categories in order to receive the award.

For background information and to view the current year’s City Budget, visit http://springfieldmo.gov/310/The-Citys-Budget.

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