The Government Finance Officers Association (GFOA) has awarded the City of Loveland, Ohio, its Distinguished Budget Presentation Award for the fiscal year beginning January 1, 2020.
The award is considered a significant achievement amongst government entities, reflecting the commitment of city staff to meet the highest principles of governmental budgeting.
In order to receive the budget award, the city had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well a budget serves as a policy document, a financial plan, an operations guide, and a communications device. In these four categories, budget documents must be rated "proficient.” Additionally, within each category, there are 14 mandatory criteria that must be met.
As part of the award, a Certificate of Recognition for Budget Presentation was granted to Michelle Byrde, the city’s former Director of Finance. Byrde retired from her position in December 2020 after serving the city for six years. During her tenure, the city received multiple awards for budgeting and financial reporting.
“Michelle was a great steward of the city’s finances and one of the hardest workers I have ever had the privilege to work with,” said David Kennedy, Loveland City Manager.
To learn more about the City of Loveland’s Finance Department and view the city’s 2021 budget, click here.