Louisville Metro Government earns top budgeting award for eighth consecutive year
Louisville Metro Government has again received the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA). This is the eighth consecutive year Metro has received this distinction, which represents GFOA’s highest recognition for governmental budgeting.
Per GFOA guidelines and criteria, the budget document must serve as a policy document, a financial plan, an operations guide and a communications device. Metro’s Fiscal Year 2020-2021 budget received high marks in all four categories – a reflection of the city’s commitment to the highest principles of effective budget presentation.
“Our city budget is a reflection of our community’s priorities and values, and it’s important that it is shared in a transparent and comprehensible manner, providing a valuable resource to our residents,” Mayor Greg Fischer said. “This honor from the GFOA acknowledges Metro’s success in attaining this goal, an effort led by Budget Director Aaron Jackson and our budget team.”
Jackson said: “Mayor Fischer’s dedication to creating a transparent administration that is accessible to residents is in direct alignment with the requirements set forth by the GFOA. His leadership and vision are vital to Metro receiving this honor for eight straight years.”
In addition to the annual award for a distinguished budget document, Metro is a regular recipient of GFOA’s Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report. Metro has received an award for the annual report for ten consecutive years, including for the most recently submitted document for Fiscal Year 2018-2019. As with the budget document, the annual report reflects Metro’s commitment to fiscal strength and integrity, providing evidence of the financial health of the government for residents, investors and public markets. The annual report is prepared by Metro’s accounting team led by Monica Harmon, Director of Finance.
The GFOA is a nonprofit professional association serving about 20,500 government officials and other finance practitioners in North America.