The Government Finance Officers Association of the United States and Canada (GFOA) announced that the City of Parkville received the GFOA’s Distinguished Budget Presentation Award for the City’s 2021 annual budget. This is the sixth consecutive year the City has received the award for its annual budget. The Distinguished Budget Presentation Award is the highest form of recognition in governmental budgeting.
In order to receive the Distinguished Budget Presentation Award, the City 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
To receive the award, a budget document must rate proficient in all four categories, as well as rate proficient in the 14 mandatory criteria within those categories. The program underwent a major overhaul and upgrade in 2021 to respond to and be better aligned with current budget best practices and real world challenges that local governments face in managing public money. This is the sixth year that the City achieved this award recognition. The first award was received in 2016.
City Administrator Joe Parente said that “Parkville’s budget document clearly articulates to the public how the City proposes to spend their tax dollars. It is a user-friendly document and promotes enhanced transparency in government. I am proud of the commitment of the governing body and City staff to meet the highest principles of governmental budgeting.”
The Government Finance Officers Association is a major professional association servicing the needs of approximately 20,500 appointed and elected local, state, and provincial-level government officials and other finance practitioners. The GFOA Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting with over 1,600 participants. The City of Parkville was one of 18 government entities in the State of Missouri that received the award in 2021, putting it in the top 1.5% of its peers in the state. Parkville is one of 20 governmental entities in the Kansas City Metropolitan area that received the distinguished budget award in 2021..
To view a copy of Parkville’s 2021 Budget Document visit http://parkvillemo.gov/government/ financialdocuments/. For more information, contact City Administrator Joe Parente at (816) 741-7676.