City of South Padre Island
Receives Distinguished Budget Presentation Award
The Government Finance Officers Association (GFOA) announced the City of South Padre Island has received the GFOA's Distinguished Budget Presentation Award for the 2019-2020 Fiscal Year Budget. This is the ninth consecutive year the City of South Padre Island has received this award.
A Certificate of Recognition for Budget Presentation was presented to the City of South Padre Island Finance Department for being primarily responsible for having achieved the award.
The award represents a significant achievement and reflects the commitment of the City Council and staff to meeting the highest principles of governmental budgeting.
“I am very fortunate to work in an organization committed to the highest standards of financial excellence and professionalism,” stated Rodrigo Gimenez, Chief Financial officer. “All City departments have worked hard to achieve this award. I would like to recognize our Assistant Finance director, Maria Herrera, for her contribution during the process.”
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, and the 14 mandatory criteria within those categories, to receive the award. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
The Government Finance Officers Association is a nonprofit professional association serving nearly 19,000 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.