CITY OF BEAVERTON FINANCE DEPARTMENT RECEIVES NATIONAL RECOGNITION WITH BUDGET AWARD
Posted: April 24th, 2012 9:02 AM
The Government Finance Officers Association of the United States and Canada (GFOA) based in Chicago recently announced that the city of Beaverton has received the GFOA's Distinguished Budget Presentation Award for its fiscal year 2011-12 budget. This is the 24th consecutive year that the city has received this recognition.
"GFOA scrutinizes cities across North America looking for those that exemplify best budget practices," said Mayor Denny Doyle. "We continually strive to be fiscally responsible and good stewards of public funds. It's an honor to be recognized by such a prestigious nonprofit."
The award reflects the city's commitment to meet the highest principles of governmental budgeting. The city had to satisfy nationally recognized guidelines for effective budget presentation to qualify for the award. The guidelines assess how well an entity's budget serves as a policy document, financial plan, operations guide, and communications device.
"Through Beaverton's example, we hope that other entities will be encouraged to achieve excellence in budgeting," said Stephen Gauthier, GFOA's director of technical services.
To be considered, budget documents must be rated "proficient" in all four categories, and the 14 mandatory criteria within those categories.
The GFOA is a nonprofit professional association serving nearly 17,400 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.
According to Gauthier, more than 1,250 entities received the award. "Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America," he added.
When a Distinguished Budget Presentation Award is granted, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for its having achieved the award. This has been presented to Joanne Harrington, the city of Beaverton's Budget Coordinator.
ABOUT THE FINANCE DEPARTMENT
The city of Beaverton's finance department is committed to preserving the city's financial integrity, the adequacy of internal accounting and budgetary controls and safekeeping of the Beaverton's assets. The finance department continually receives accolades and awards for its budgeting and transparent financial reporting. For more information, visit www.BeavertonOregon.gov/Finance.
ABOUT BEAVERTON
Beaverton enjoys one of the most diverse populations among Oregon cities. It was one of just four cities of its size recently recognized as a "Smarter City" energy leader by the Natural Resources Defense Council and one of the 100 Best Places to Live in America by Money magazine. In addition, Beaverton has been named one of the safest cities in the Pacific Northwest for three consecutive years, as one of the best places to raise kids by BusinessWeek magazine, an All-America City finalist, as one of the top 25 Suburbs for Retirement by Forbes.com, one of the 100 Best Walking Cities in America by Prevention magazine, the Recycler of the Year from the Association of Oregon Recyclers, a Tree City USA by the Arbor Day Foundation, a Bronze Award Bicycle Friendly Community designation by the League of American Bicyclists and as one of the Environmental Protection Agency's Green Power Communities. Most recently, the Beaverton Community Vision program was named Public Involvement Proj
ect of the Yearâ€"Best Planning Project by the International Association of Public Participation
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