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Franklin Receives Distinguished Budget Presentation Award

Franklin Receives Distinguished Budget Presentation Award

Franklin—The Distinguished Budget Presentation Award has been presented to the City of Franklin by the Government Finance Officers Association of the United States and Canada (GFOA). This award represents a significant achievement by the city. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. 

To receive the budget 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

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

“This award truly is remarkable,” said City Administrator Eric Stuckey.   “This is the 10th consecutive year we have achieved this honor. As you can see, City staff is dedicated to handling taxpayer dollars responsibly.”

The GFOA is a nonprofit association serving approximately 17,500 government finance professionals with offices in Chicago, IL, and Washington, D.C.