News Flash

Home

Posted on: January 6, 2023

Webster Groves Receives Distinguished Budget Presentation Award

GFOA logo

The Government Finance Officers Association is pleased to announce that City of Webster Groves, Missouri, has received GFOA's Distinguished Budget Presentation Award for its budget for the fiscal year beginning on July 1, 2022.

The award represents a significant achievement by the City’s Finance Department. 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.

“The city’s Finance team, Department Directors and their teams worked diligently to prepare the budget and I’m pleased to see the hard work recognized by the GFOA,” said Dr. Marie Peoples, Webster Groves City Manager. “In addition, the city has excelled in bringing transparency to the process. All budget documents are available on the website, and all presentations can be accessed on the website or via the city’s YouTube channel.” 

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.

You can view a copy of the City’s budget on the website

Facebook Twitter Email

Other News in Home