Page 3 - Watauga FY21 Budget

DISTINGUISHED

BUDGET
PRESENTATION
AWARD

Presented to the City of
Watauga

For the Budget Fiscal Year
Beginning October 1, 2019

ABOUT THE AWARD

The Government Finance
Officers Association of the
United States and Canada
(GFOA) is a nonprofit
professional association serving
over 18,000 government finance
professionals. The GFOA
Distinguished Budget
Presentation Award Program is
the only national awards
program in governmental
budgeting. 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.

The award represents a significant achievement by the City of Watauga. It reflects the commitment of
the governing body and staff to meeting the highest principles of governmental budgeting. In order to
receive the award, the City of Watauga had to satisfy nationally recognized guidelines for effective
budget presentation. Award recipients have pioneered efforts to improve the quality of budgeting and
provide an excellent example for other government entities.

GFOA presented a Distinguished Budget Presentation Award to the City of Watauga, Texas for its
st
annual budget for the fiscal year beginning October 1, 2019. This is the 31 consecutive year that the
City has received this Award. 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. The City has received this award since 1989.