HomeMy WebLinkAboutFY 2023 GFOA Distinguished Budget Presentation Award TCMUD 6.30.23FOR IMMEDIATE RELEASE
June 30, 2023
For more information, contact:
Technical Services Center
Phone: (312) 977-9700
Fax: (312) 977-4806
E-mail: budgetawards(agfoa.org
(Chicago, Illinois) --Government Finance Officers Association is pleased to announce that Trophy Club
Municipal Utility District No. 1, Texas, has received 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 meeting 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
• a communications device
Budget documents must be rated "proficient" in all four categories, and in 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(s) or depaitment designated as being primarily
responsible for having achieved the award. This has been presented to Finance Department.
There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients,
along with their corresponding budget documents, are posted quarterly on GFOA's website. Award
recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for
other governments throughout North America.
Government Finance Officers Association (GFOA) advances excellence in government finance by
providing best practices, professional development, resources and practical research for more than 22,500
members and the communities they serve.
0
GOVERNMENT FINANCE OFFICERS ASSOCIATION
Distinguished
Budget Presentation
Award
PRESENTED TO
Trophy Club Municipal Utility District No. 1
Texas
For the Fiscal Year Beginning
October 01, 2022
GA ' "41 4 ' p 2)1 6. v f A 11
Executive Director