Title
Presentation By Matthew Lalla, Director Of Financial Services, To The City Of Hollywood Of The Distinguished Budget Presentation Award For The Fiscal Year 2014 Approved Budget Given By The Government Finance Officers Association.
Body
Staff Recommends: Presentation of award.
Explanation:
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded its Distinguished Budget Presentation Award to the City of Hollywood for the Fiscal Year 2014 Approved Budget. This is the eighteenth consecutive year that the City has received this award. This award represents a significant achievement by the City and reflects the commitment of the City Commission and staff in meeting the highest principles of governmental budgeting.
The City met nationally recognized guidelines for effective budget presentation. Proficiency in four ratings categories is required to receive the award. The City's budget was reviewed as:
• A policy document,
• A financial plan,
• An operations guide, and
• A communications device.
The GFOA's Distinguished Budget Presentation Award is the only national awards program in governmental budgeting. The GFOA is a non-profit professional association serving nearly 18,000 government finance professionals with offices in Chicago, Illinois and Washington, DC.
Recommended for inclusion on the agenda by:
Cathy Swanson-Rivenbark, City Manager
Matthew Lalla, Financial Services Department Director