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Government Finance Officers Association Distinguished Budget Presentation AwardCity of Dubuque City Council Meeting Action Items # 4. Copyrighted March 7, 2022 ITEM TITLE: Government Finance Officers Association Distinguished Budget Presentation Award SUMMARY: City Manager transmitting that the City of Dubuque has been awarded its 16th consecutive Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for Fiscal Year ended June 30, 2022. SUGGESTED Suggested Disposition: Receive and File DISPOSITION: ATTACHMENTS: Description MVM Memo Staff Memo Type City Manager Memo Staff Memo FY22 GFOA Distinguished Budget Presentation Award Supporting Documentation THE C DUUB--'&-FE Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: GFOA Distinguished Budget Presentation Award DATE: February 28, 2022 Dubuque All -America City ii 2007-2012.2013 2017*2019 The City of Dubuque has been awarded its 16t" consecutive Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for Fiscal Year ended June 30, 2022. The Distinguished Budget Presentation Award is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. k�4 Mic ael C. Van Milligen MCVM:jml Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Director of Finance and Budget THE CITY OF DUB E Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Director of Finance and Budget SUBJECT: GFOA Distinguished Budget Presentation Award DATE: February 28, 2022 Dubuque All -America City 2007-2012.2013 2017*2019 The City of Dubuque has been awarded its 16t" consecutive Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for Fiscal Year ended June 30, 2022. The Distinguished Budget Presentation Award is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. JML Enclosures December 13, 2021 Jennifer Larson Director of Finance and Budget City of Dubuque 50 West 13th Street Dubuque, IA 52001 Dear Ms. Larson: We are pleased to inform you, based on the examination of your budget by a panel of independent reviewers, that your budget document has been awarded the Distinguished Budget Presentation Award from Government Finance Officers Association (GFOA) for the current fiscal period. This award is the highest form of recognition in governmental budgeting. Its attainment represents a significant achievement by your organization. The Distinguished Budget Presentation Award is valid for one year. To continue your participation in the program, it will be necessary to submit your next annual budget document to GFOA within 90 days of the proposed budget's submission to the legislature or within 90 days of the budget's final adoption. Information about how to submit an application for the Distinguished Budget Program application is posted on GFOA's website. Each program participant is provided with confidential comments and suggestions for possible improvements to the budget document. Your comments are enclosed. We urge you to carefully consider the suggestions offered by our reviewers as you prepare your next budget. When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual(s) or department designated as being primarily responsible for its having achieved the award. Enclosed is a Certificate of Recognition for Budget Preparation for: Jennifer Larson, Director of Finance and Budget Continuing participants will receive a brass medallion that will be mailed separately. First-time recipients will receive an award plaque within eight to ten weeks. Enclosed is a camera-ready reproduction of the award for inclusion in your next budget. If you reproduce the camera-ready image in your next budget, it should be accompanied by a statement indicating continued compliance with program criteria. The following standardized text should be used: Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to City of Dubuque, Iowa, for its Annual Budget for the fiscal year beginning July 01, 2021. 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. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. A press release is enclosed. Upon request, GFOA can provide a video from its Executive Director congratulating your specific entity for winning the Budget Award. We appreciate your participation in this program, and we sincerely hope that your example will encourage others in their efforts to achieve and maintain excellence in governmental budgeting. The most current list of award recipients can be found on GFOA's website at www.gfoa.org. If we can be of further assistance, please contact the Technical Services Center at (312) 977-9700. Sincerely, Michele Mark Levine Director, Technical Services Center Enclosure FOR IMMEDIATE RELEASE December 13, 2021 For more information, contact: Technical Services Center Phone: (312) 977-9700 Fax: (312) 977-4806 E-mail: bud2etawards(2foa.or2 (Chicago, Illinois) --Government Finance Officers Association is pleased to announce that City of Dubuque, Iowa, has received GFOA's Distinguished Budget Presentation Award for its budget. The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the entity 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 in the fourteen mandatory criteria within those categories, to receive the award. When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual(s) or department designated as being primarily responsible for having achieved the award. This has been presented to Jennifer Larson, Director of Finance and Budget. There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America. Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 21, 000 members and the communities they serve. GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation Award PRESENTED TO City of Dubuque Iowa For the Fiscal Year Beginning July 01, 2021 i Executive Director The Government Finance Officers Association of the United States and Canada presents this CERTIFICATE OF RECOGNITION FOR BUDGET PREPARATION to Jennifer Larson, Director of Finance and Budget City of Dubuque, Iowa The Certificate of Recognition for Budget Preparation is presented by the Government Finance Officers Association to those individuals who have been instrumental in their government unit achieving a Distinguished Budget Presentation Award. The PN�E UFFj� Distinguished Budget Presentation Award, which is the highest award in governmental FTTHE budgeting, is presented to those government units whose budgets are judged to adhere {uHi7EaSTATEs y to to program standards LAMA c cx nc� Executive Director Date: December 13, 2021