The City of Dexter has been nationally recognized for its exemplary fiscal budgeting.
The Government Finance Officers Association of the United States and Canada (GFOA) presented the Distinguished Budget Presentation Award to the City of Dexter, Michigan, for the Annual Budget beginning on July 1, 2018, and ending June 30, 2019.
“The City of Dexter continues to remain in a stable financial position,” said Dexter City Manager Courtney Nicholls in a message to City Council. “This continued stable position is possible because of the commitment of both staff and elected officials to make decisions based on what is best for the City both now and for the future. The 2019-2020 budget stays this course as is demonstrated by the inclusion of both ongoing and new expenditures that will have a long-term positive impact on the City.”
In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device.
Established in 1906, the Government Finance Officers Association (GFOA) represents public finance officials throughout the United States and Canada. Today, the association consists of more than 20,000 members at the federal, state/provincial, and local government levels who are involved in planning, financing and implementing thousands of governmental operations in each of their jurisdictions.
GFOA’s mission is to advance excellence in public finance. The association provides peer review of government budgets and provides best practice guidance, consulting, networking opportunities, publications including books, e-books, and periodicals, recognition programs, research, and training opportunities for those in the profession.
GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) in 1984 to assist and promote fiscal responsibility of the highest quality in state and local governments
Documents submitted to the Budget Awards Program are reviewed by selected members of the GFOA professional staff and by outside reviewers with experience in public-sector budgeting.
“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,” says Courtney.