(Photo | Courtesy of City of Prineville)
For the 13th year, the City of Prineville has been recognized as outstanding for its commitment to meeting the highest standards of government budgeting.
Earlier this spring, Prineville was awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association (GFOA) for excellence in preparation of the city’s 2018-2019 fiscal budget.
Additionally, Prineville’s budget document earned the group’s Special Capital Recognition designation, an award given when all three independent reviewers mark the presentation of “Capital expenditures” and “Impact of capital expenditures on operating budget” as outstanding. Prineville is one of only two Oregon cities and one of only 16 government entities nationwide to obtain this recognition.
“The award represents a significant achievement,” wrote the GFOA in an award letter to the City of Prineville.
In order to be considered for the budget award, Prineville had to satisfy nationally recognized guidelines for effective budget presentation. The guidelines are designed to assess how well the city’s budget serves as a policy document, a financial plan, an operations guide, and a communications device.
To receive the Distinuished Budget Award the budget document must be rated proficient or outstanding in all four overall categories and meet all mandatory criteria.
“This tremendous recognition is a testament to the City of Prineville’s finance team, which is committed to short and long-term strategic planning and modeling, allowing the City to maintain a quality credit rating,” said Prineville Mayor Steve Uffelman. “I’m especially proud of the Special Capital Recognition — a result of our diligence in planning capital projects. The benefit for the community is a budget document that is well-planned and links precisely to our goal of maintaining long-term stability for the city.”
GFOA awarded 1,082 governments in the United States and Canada the Distinguished Budget Award for 2018-2019. The most recent Budget Award recipients, along with their corresponding budget documents, are posted on GFOA’s website, gfoa.org. According to the GFOA, award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
