Page 3 - City of Watauga FY22 Adopted Budget

DISTINGUISHED BUDGET PRESENTATION AWARD

Presented to the City of Watauga

For the Budget Fiscal Year Beginning October 1, 2020

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
annual budget for the fiscal year beginning October 1, 2020. This is the 32 consecutive year that the
nd
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.