Page 3 - Watauga FY22-23 Budget

DISTINGUISHED BUDGET PRESENTATION AWARD

Presented to the City of Watauga

For the Budget Fiscal Year Beginning October 1, 2021

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
rd
annual budget for the fiscal year beginning October 1, 2021. This is the 33 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.