Page 253 - CityofArlingtonFY26AdoptedBudget
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Appendices





            FINANCIAL POLICIES (CONTINUED)
            3.  As an additional independent confirmation of the quality of the City’s procurement practices, the City will annually seek to
               obtain the Achievement of Excellence in Procurement Award from the National Procurement Institute.

                 In Compliance: Yes   Comments: Purchasing received the Achievement of Excellence in Procurement Award from the
                                   National Procurement Institute for FY 2024.

            4.  As an additional independent confirmation of the quality of the City’s Investment Policy, the City will seek to obtain the
               Certificate of Distinction from the Government Treasurers’ Organization of Texas (GTOT).

                 In Compliance: Yes   Comments: Currently the City’s Cash and Debt Administrator has joined the GTOT Board which
                                   reviews Investment Policies statewide. Once off the Board, the city will return to obtaining this
                                   certification.


            Adopted by City Council on September 17, 2024.




























































            FY 2026 Proposed Budget and Business Plan                                        247                                                                City of Arlington, Texas
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