October 25, 2022 SAGINAW, MI – The Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that the City of Saginaw has received the GFOA’s Distinguished Budget Presentation Award for its budget for the fiscal year beginning July 1, 2022. The GFOA has presented this award to the City of Saginaw’s Office of Management and Budget. This is the 15th year in a row that the City of Saginaw’s Office of Management and Budget has received this honor.
In order to receive the budget award, the City must achieve the highest principles of governmental budgeting. These guidelines are designed to assess how well a City’s budget serves as a policy document, a financial plan, an operations guide, and a communications device. Budget documents must be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories, to receive the award.
"Our intent is to create a budget that is easily understood, one that reflects the city’s commitment to transparency and accountability. The budget document is the venue in which this can be demonstrated. I believe the budget document allows the community to hold us, the City, accountable for the plans and policies we put into place. I am excited and honored that the City has earned this award for fifteen consecutive years. We will continue to work on producing a superior document, and hopefully continue to receive this award for many years to come" – Yolanda M. Bland, Director, Office of Management and Budget
There are over 1,000 recipients in the Budget Awards Program. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
The Government Finance Officers Association is a major professional association servicing the needs of more than 18,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management.
For additional information concerning this press release, please call Yolanda M. Bland, Director of the Office of Management & Budget at 989-759-1784.
Original source can be found here.
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