Loading...
HomeMy WebLinkAbout1997-03-27 City CouncilCity of Palo Alto City Manager’s Report TO:HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT:ADMINISTRATIVE SERVICES DATE:MARCH 27, 1997 "CMR:184:97 SUBJECT:AWARD FOR DISTINGUISHED BUDGET PRESENTATION REOUEST: This is an information report, and no Council action is required. EXECUTIVE SUMMARY: On March 17, 1997, the City of Palo Alto was notified that its 1996-98 Mission Driven Budget had received the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA). This is only the second time that the City’s Budget has been recognized by this national organization, although the Budget has received recognition from the California Society of Municipal Finance Officers for several years. GFOA’s announcement emphasizes that, "The award is the highest form of recognition in governmental budgeting. Its attainment represents a significant achievement by your organization." In order to receive the budget award, the City had to satisfy nationally-recognized guidelines for effective budget presentation, including how well the budget serves as: 0 0 0 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. CMR:184:97 Page 1 of 2 DEPARTMENT HEAD APPROVAL: Melissa~ Cavallo Acting Director, Administrative Services CITY MANAGER APPROVAL: Flemingf Manager CC:N/A CMR:184:97 Page 2 of 2