For the fifth year in a row, the City of Takoma Park received the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for its current fiscal year budget. “In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communications device,” said Michele Mark Levine, Director of GFOA’s Technical Services Center, in a press release. “This award is the highest form of recognition in governmental budgeting. Its attainment represents a significant achievement by the organization.”
The award was created in 1984 by the GFOA to “encourage and assist state and local governments to prepare budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA’s best practices on budgeting,” according to its website.
