Iowa City receives national budget award again - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa City receives national budget award again

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The highest form of recognition in governmental budgeting is being awarded to the City of Iowa City, yet again.

Finance Director Dennis Bockenstedt has been notified that, for the third consecutive year, the City's Finance Department has been awarded the national Distinguished Budget Presentation Award by the Government Finance Officers Association (GFOA).

The GFOA says the award represents high achievement and commitment to governmental budgeting.

The award recognizes the City's FY2015 budget, which took effect July 1. Back in 2013 and 2012, the city received the award after a nearly 20-year hiatus in which a budget document was not submitted for consideration.

In order to receive the budget award, the City had to satisfy nationally recognized guidelines for effective budget presentation which assessed the budget's effectiveness in four categories: as a policy document, financial plan, operations guide and communications device.

For the last fiscal period, 1,425 entities were expected to receive the Distinguished Budget Presentation award.

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