For the 16th year in a row, the City of Rochester Hills is the recipient of the Governmental Finance Officers Association (GFOA) Distinguished Budget Presentation Award for the 2012 budget book.
The Distinguished Budget Award is the highest form of recognition in governmental budgeting. It reflects the commitment of the governing body and staff to meeting the highest principals of governmental budgeting.
“This award demonstrates the city’s commitment to go beyond the minimum requirements of general accounting principles by preparing a comprehensive annual financial report in the spirit of transparency and full disclosure,” said Mayor Bryan Barnett.
In order to receive this award, a governmental unit must publish a budget document that meets nationally recognized program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device. Documents submitted for the award are reviewed by selected members of the GFOA professional staff and by outside reviewers with experience in public-sector budgeting.
The GFOA is a nonprofit professional association that serves approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C. To view the City of Rochester Hills’ award winning 2012 Adopted Budget, visit rochesterhills.org.
