Page 5 - N. Richland Hills Capital Budget
P. 5

ABOUT THE AWARD




        The Government Finance Officers Association (GFOA) is a  nonprofit  professional  association  serving  over  17,800
        government  finance  professionals  throughout  North  America.    The  GFOA  Distinguished  Budget  Presentation  Award
        Program is the only national awards program in government budgeting.  GFOA established the Distinguished Budget
        Presentation Awards Program (Budget 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.

        The award represents a significant achievement by the City of North Richland Hills.  It 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 North Richland Hills had to satisfy nationally recognized guidelines for effective budget presentation.  These
        guidelines are designed to assess how well the budget document serves as:

                  a policy document                                    operations guide
                  a financial plan                                     communications device

                                                            Budget  documents  must  be  rated  “proficient”  in  all  four
                                                            categories, and the fourteen mandatory criteria within those
                                                            categories,  to receive the award.   Award recipients have
                                                            pioneered  efforts  to  improve  the  quality  of  budgeting  and
                                                            provide  an  excellent  example  for  other  government
                                                            throughout North America.

                                                            The  City  of  North  Richland  Hills  first  received  this  award  in
                                                            1991 and has received the award 29 consecutive years.

                                                            The  Government Finance Officers Association of  the  United
                                                            States and Canada (GFOA) presented a Distinguished Budget
                                                            Presentation Award to the City of North Richland Hills, Texas
                                                            for its annual budget for the fiscal year beginning October 1,
                                                            2019.    In  Order  to  receive  this  award,  a  governmental  unit
                                                            must publish a budget document that meets program criteria
                                                            as a policy document, as  an operations  guide,  as  a  financial
                                                            plan, and as a communications device.

                                                            The award is valid for a period of one year only.  We believe
                                                            our  current  budget  continues  to  conform  to  program
                                                            requirements, and we are submitting it to GFOA to determine
                                                            its eligibility for another award.




















                                                              5
   1   2   3   4   5   6   7   8   9   10