GFOA bestows “Distinguished Budget Presentation” award
Contact: Tracey Dunlap, Deputy City Manager
KIRKLAND, Wash. – The City of Kirkland has again received the “Distinguished Budget Presentation Award” from the Government Finance Officers Association (GFOA), the fourteenth time the City has received the award. The Award recognizes Kirkland’s 2015-2016 Budget adoption process, the City’s budget practices and its high-quality Budget document, all of which are coordinated by the City’s Finance and Administration Department. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.
City Manager’s Office
“Our Biennial Budget articulates the trade-offs necessary to provide the service levels our residents and businesses expect within the financial resources available and is an extremely vital document,” notes Doreen Marchione, Chair, Finance and Administration Committee and City Council Member. “The GFOA award recognizes Kirkland’s commitment to effective governmental budgeting.”
In order to receive the GFOA Distinguished Budget Presentation Award, Kirkland had to satisfy nationally recognized standards for effective budget presentation. Its budget was assessed as to its effectiveness as a policy document, financial plan, operations guide and communications device.
Another measure of Kirkland’s commitment to its goal of financial stability is the City’s AAA crediting rating from Standard and Poor’s, the highest rating possible. To view an educational video on the City’s commitment to financial stability, go to www.kirklandwa.gov/kirklandworks.