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City's budget receives award continuing 24-year legacy

Post Date:06/08/2018 1:20 PM

GFOA 2018For 24 years the City of Colleyville was awarded the Distinguished Budget Presentation Award from the Government Finance Officers Association.

Colleyville received this award again in May for the Fiscal Year 2018 budget.

This award represents a significant achievement by the city. It reflects the commitment of the City of Colleyville leadership and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award the entity had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as a policy document, financial plan, operations guide, and communications device. Budget documents must be rated “proficient” in all four categories and in the fourteen mandatory criteria within those categories, to receive the award.

 

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