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City of Palo Alto
City :Manager's Report
TO: HONORABLE CITY COUNCIL
FROM: CITY l'>lANAGER DEPARTMENT: FINANCE
DATE: fESRUARY '. 1995 CMR:137:9S
SUBJECT: AWA.'UlS FOR EXCELLENCE IN BUDGETING
This is ." informational report and DO Cooncil action is ... .quired.
lbe City was informed r""eolly t!l3I it bad ... ceived the highest commendation possible
b C,wfornia cme. in "II lOur caleg<>ries of budgeting. The competition, sponsored by
the C.alifornia Society of Municiral Finance Officers (CSMFO), re<:ognized the City of
Palo Alro's t>udgeting presentatioo in the IOllowing categories:
uceUeoce in Operating Bu<lgets
Excellence in Capital Budgets
Excellence in Public Communications
Jnncvation in Budgeting
Wlu1e the first tw() awards are b the City', 1994,95 operating and capital budget
documents._ recognition in the 1&" two categories was related 10 the City's new Mission
Driven Budget. CSMFO Ioob b innovations whicb enhance the value of the budget as
• communications \001 w;!h the citizens., elected officials and other financial institutions.
It also believes il is essential b inoovatio!lS 10 be cost effective, and 10 be potentiany
replicable by other cities, Rating criteria include originality, overall appearance, clarity,
graphic art, techoology, effectiveness, practicality and value in lemLs of improving
management and the budgeting process as well as communicating 10 the public.
ACCO!lfillg 10 CSMFO officials, iI is very unusual b a city 10 win the excellence award
in all lOur categories in • single year,
n
DEPAR1MENT HEADAPPROVAL:~ ~! •• vO
~ arnsoo
Director of Finance
CC: nla
~ nung
City anager
CITY MANAGE~ APPROVAl:
CMJt:137:95 l'a&eI '" I