On December 13, 2012, the City of Milwaukie received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award. This is the second year in a row that the City has received such an honor. The award represents a significant achievement by an organization and reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In 2011 the City was first recognized by the GFOA for its work in developing the new format for the fiscal year 2012 budget. The most recent GFOA award recognizes the continued work done to make the budget accessible, informative and understandable, and reflects the City’s commitment to satisfy nationally recognized guidelines for effective budget presentation.
The guidelines are designed to assess how well an entity’s budget serves as a policy document, a financial plan, an operations guide, and a communications device. Budget documents are required to meet proficient ratings in all four categories, and the 14 mandatory criteria within those categories, to receive the award. Milwaukie’s budget does just that.
The City’s Finance team is dedicated to continually improving the budget and making financial information as transparent, available and comprehensible as possible for the citizens of Milwaukie.
“We are so pleased to present financial documents to Milwaukie citizens that are complete with more meaningful, transparent and value-added information about how the City operates,” said Finance Director Casey Camors.