The Norman Transcript

October 20, 2012

City finance department recognized

Transcript Staff
The Norman Transcript

NORMAN — The Government Finance Officers Association of the United States and Canada recognized Norman with the GFOA’s Distinguished Budget Presentation Award for its budget.

The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as a policy document, a financial plan, an operations guide, and a communication device.

Budget documents must be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories, to receive the award.

When a Distinguished Budget Presentation Award is granted to an entity, a certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for its having achieved the award. This has been presented to Suzanne Krohmer, budget manager, and Anthony Francisco, finance director.

The City of Norman has received this award for the last twenty-two years. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments through North America.

The Government Finance Officers Association is a nonprofit professional association serving 17,500 government finance professionals through North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting. 

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