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City Earns Prestigious Award for Excellence in Government Budgeting

The City of El Paso has once again received the Government Finance Officers Association’s (GFOA) Distinguished Budget Presentation Award. The Office of Management and Budget has been lauded by the GFOA for its budget practices for 22 consecutive years.

The Budget Awards Program established more than 30 years ago is designed to encourage governments to prepare budget documents of the highest quality to meet the needs of decision-makers and citizens. The award reflects the commitment by the City of El Paso to meeting the highest principles of government budgeting.

OMB took a fresh approach to developing the City’s budget for FY 2016, which was approved by City Council. It prioritized the budget based on Council’s strategic goals. The end result was a budget that supported programs and services centered on enriching the community’s quality of life and economic, educational and cultural programs.

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, financial plan, operations guide, and communications device. To receive the award budget documents must be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories.

The GFOA is a Chicago-based organization that is open to everyone whose career, studies or interests involve government financial management. GFOA members form a diverse group of individuals, from entry-level employees to senior managers who work for a broad range of governments, including cities, towns, and other municipalities of all sizes; county governments; school districts and special districts; public employee retirement systems; states and provinces; schools of administration and public affairs; libraries; federal agencies; and accounting firms, law firms, investment banks, and consulting institutions.

Author: City of El Paso

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