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HomeMy WebLinkAbout3.1 GFOA Award Presentation or 19 82 STAFF REPORT CITY CLERK ` CITY COUNCIL File #150-20 DATE: February 3, 2015 TO: Honorable Mayor and City Councilmembers FROM: Christopher L. Foss, City Manager " SUBJECT: Acceptance of the GFOA Distinguished Budget Presentation Award for the City of Dublin's FY 2014-15 and FY 2015-16 Adopted Budget and Financial Plan Prepared by Colleen Tribby, Director of Administrative Services EXECUTIVE SUMMARY: The City of Dublin has received its first Distinguished Budget Presentation Award, conferred by the Government Finance Officers Association, for its FY 2014-15 and FY 2015-16 Adopted Budget and Financial Plan. FINANCIAL IMPACT: None. RECOMMENDATION: Staff recommends that the City Council receive the report and accept the award. Reviewed By Assistant City Manager DESCRIPTION: The Government Finance Officers Association (GFOA) is a professional association of finance officers in the government industry since 1906. The purpose of the Government Finance Officers Association is to enhance and promote the professional management of governments for the public benefit by identifying and developing financial policies and best practices and promoting their use through education, training, facilitation of member networking, and leadership. The GFOA established the Distinguished Budget Presentation Awards Program in 1984 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 on State and Local Budgeting and the GFOA's best practices on budgeting, and then to recognize individual governments that succeed in achieving that goal. Page 1 of 2 ITEM NO. 3.1 This is the first time that the City of Dublin is being recognized with this award, a testament to the City's renewed focus on excellence in financial reporting, accountability, and transparency. Last year, a total of 1,424 agencies (cities, counties, school districts, and special districts) across the nation received the award: 96 of those were California cities. NOTICING REQUIREMENTS/PUBLIC OUTREACH: None. ATTACHMENTS: 1. Copy of GFOA Distinguished Budget Presentation Award Page 2 of 2 GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation Award PRESENTED TO City of Dublin California For the Biennium Beginning July 1, 2014 */fjr'� ►* Executive Director f