Item Coversheet

CITY OF OAKLAND PARK, FLORIDA
CITY COMMISSION AGENDA ITEM REPORT


A
GENDA ITEM NO.

MEETING DATE: 9/7/2022
PREPARED BY: DEPARTMENT HEAD APPROVAL:  FINANCIAL SERVICES
SUBJECT:
1.BACKGROUND/HISTORY
    
 

The Government Finance Officers Association (GFOA) is a professional association dedicated to enhancing the public finance profession since 1906. It has over 21,000 active members. The GFOA’s Distinguished Budget Presentation Awards Program encourages local governments to prepare and issue budget documents of the highest standard for the benefit of the citizens and other parties with a vital interest in the budget process.

 

The GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality.

 

Documents submitted to the Budget Awards Program are reviewed by selected members of the GFOA professional staff and by outside reviewers with experience in public-sector budgeting. To earn the Budget Award, governments must conform to the Program’s demanding criteria, which incorporate the guidelines of the National Advisory Council on State and Local Budgeting and the GFOA’s recommended practices of governmental budgeting.

 

The Distinguished Budget Presentation Award is the highest form of recognition in governmental budgeting. Its attainment represents a significant achievement by an organization.

2.CURRENT ACTIVITY
    
 

Oakland Park submitted the fiscal year 2022 budget document for review by the GFOA. The City received the results of the submission in late July. Based on the examination of the budget document by a panel of independent reviewers, the City's budget document was awarded the Distinguished Budget Presentation Award from Government Finance Officers Association. This is the 18th consecutive year that the City has earned the award.

 

The budget book is prepared and developed by Assistant Director of Financial Services Rhea Rivera and Budget Analyst John Farley.


3.FINANCIAL IMPACT
    
 
4.RECOMMENDATION
    
 
ATTACHMENTS:
Description
FY 2022 Budget Award