Carlsbad City Receives Budget Award

Carlsbad CA

06 February, 2021

5:15 AM

Description

Press release from the City of Carlsbad: February 4, 2021 The City of Carlsbad has received the Operating Budget Excellence Award from the California Society of Municipal Finance Officers for its Fiscal Year 2020-2021 Operating Budget. The California Society of Municipal Finance Officers recognizes entities with highly professional budget documents with two levels of certificates. The Meritorious Budget Award requires the entity to meet a very specific list of criteria. The Operating Budget Excellence Award requires that the organization meet even higher criteria which effectively enhances the usability of the document. Each agency is judged by impartial reviewers on different criteria including the format and layout of the budget, financial integrity of the document and the level of detail. The City of Carlsbad Operating Budget communicates information to residents, the community and elected officials. It directly reflects the city's commitment to increase transparency, quality and accountability. The Deputy City Manager of Administrative Services Laura Rocha says, "The City Council continues to prioritize financial transparency and accountability and we are pleased to work with a team of professionals who strive to maintain these best practices and improve whenever possible." The City of Carlsbad is committed to making sure its budgetary data is easily accessible to the community. Budget documents are placed online so that our residents can remain engaged and informed. California Society of Municipal Finance Officers is California's premier statewide association for municipal finance professionals. Their goal is to promote excellence in financial management through improving the work, integrity, and skills of their member base responsible for municipal and other local government fiscal policy and management. February 4, 2021 This press release was produced by the City of Carlsbad. The views expressed here are the author's own.