[Archived] Alexandria Receives Budget Award

City Press Release


	City of Alexandria, Virginia Office of the City Manager Alexandria City Hall 301 King Street, Suite 3500 Alexandria, Virginia 22314-3211 www.alexandriava.gov Telephone: 703.838.4300 Fax : 703.838.6343

FOR IMMEDIATE RELEASE

Nov. 3, 2004
PIO 264-04/bg

Distinguished Budget Award Bestowed on City for 16th Year

For the 16th consecutive year, the City of Alexandria is the recipient of the Government Finance Officers Association of the United States and Canada’s (GFOA) Distinguished Budget Presentation Award for the City budget.

The award represents a significant achievement and reflects the commitment of the City to meet the highest principles of governmental budgeting. In order to receive the budget award, the City 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
! a financial plan
! an operations guide
! a communications device

Budget documents must be rated “proficient” in all four categories to receive the award.

Since the inception of the GFOA’s Distinguished Budget Presentation Awards Program in 1984, approximately 900 entities have received the award. Recipients of the award have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

The Government Finance Office Association is a nonprofit professional association serving 14,000 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.

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