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12/18/2001 - Tigard Wins GFOA Budget Presentation Award CITY OF TIGARD PRESS RELEASE • 13125 SW Hall Blvd. December 18, 2001 Tigard, Oregon 97223 For Immediate Release Contact: Stephen J. Gauthier (312) 977-9700 or Craig Prosser, Finance Director City of Tigard 503-639-4171, ext. 345 Tigard Wins GFOA Budget Presentation Award Chicago—The Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that City of Tigard, Oregon has received the GFOA's Distinguished Budget Presentation A ward for its 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. "City • staff and the City's budget committee have worked hard over the past couple of years to improve our budget document. It now contains more explanatory material to help explain the context of the budget and the choices that had to be made in made in the budget process," said Craig Prosser, City Finance Director. "We are pleased to see our efforts recognized by this award." 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 to receive the award. When a Distinguished Budget Presentation Award is granted to a city, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible.for its having achieved the award. This has been presented to the Finance Department. • Page 1 of 2 FAX TO: ❑TIGARD TIMES ❑ OREGONIAN ❑ REGAL COURIER \\TIG333\USR\DEPTS\CITYWIDE\PRESS RELEASES\GFOA PRESS RELEASE 12 01MOC ❑ OTHER: • Since the inception of the GFOA's Distinguished Budget Presentation Awards Program in 1984, approximately 800 entities have received the Award. Award recipients have pioneered • efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America. The Government Finance Officers Association is a nonprofit professional association serving 13,000 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting. • • Page 2 of 2 FAX TO: ❑TIGARD TIMES ❑ OREGONIAN ❑ REGAL COURIER 11TIG333\USR\DEPTS\CITYWIDE\PRESS RELEASES\GFOA PRESS RELEASE 12 01MOC ❑ OTHER: