Page 126 - Pantego FY22 Operating Budget

C. AWARDS, CREDENTIALS AND RECOGNITION. The Town will support efforts and
involvements which result in meeting standards and receiving exemplary recitations on
behalf of any of the Town's fiscal policies, practices, processes, products, or personnel.

The Town will strive to maintain a high level of excellence in its accounting policies and
practices as it prepares its Annual Financial Report. If feasible, the report will be
presented to the Government Finance Officers Association (GFOA) for review of
qualifications necessary to obtain the Certificate of Achievement for Excellence in
Financial Reporting. Additionally, the Town will consider the submission of its annual
budget to GFOA for consideration for Distinguished Budget Award.

XIII. ANNUAL POLICY REVIEW AND REPORTING

These policies will be reviewed administratively by the Town Manager and Finance
Director at least annually, prior to the preparation of the operating budget and will be
presented to the Town Council for confirmation of any significant changes.

The Finance Director will report annually to the Finance/Audit Committee on compliance
with these policies.

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