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The Government Finance Officers Association (GFOA) has awarded the City of Loveland, Ohio, its Distinguished Budget Presentation Award for fiscal year 2021.
The award is considered a significant achievement amongst government entities, reflecting the commitment of city staff to meet the highest principles of governmental budgeting.
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 the city’s 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 to receive the award.
On behalf of the city’s Finance Department, Director of Finance Mark Medlar accepted a Certificate of Recognition for Budget Presentation from the GFOA.
To learn more about the City of Loveland’s Finance Department and view the city’s 2021 budget, please click here.
About the Government Finance Owners AssociationGFOA 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. There are more than 1,700 participants in its Budget Awards Program. Award recipients have pioneered efforts to improve the quality of budgeting and provide an example for other governments throughout North America.