SOUTH PADRE ISLAND — It’s greater than dollars and cents for the Island’s finance division.
That is the eighth consecutive 12 months the Island has acquired the Distinguished Funds Presentation Award for its fiscal 12 months finances.
The Authorities Finance Officers Affiliation, a nonprofit skilled affiliation serving finance professionals all through North America, not too long ago awarded them the excellence.
In response to metropolis officers, the award displays council members and workers’s dedication to assembly the best ideas of governmental budgeting.
Funds presentation pointers
To obtain the award, an entity’s finances should be rated “proficient” in 4 classes together with a coverage doc, a monetary plan, an operations information and a communications system.
Moreover, budgets must be rated “proficient” in 14 necessary standards inside these classes.
Being primarily liable for receiving the award, the Island’s Finance Division acquired a Certificates of Recognition for its finances presentation.
“I really feel proud the town is reaching the best stage of budgeting and transparency in authorities,” mentioned Rodrigo Gimenez, South Padre Island’s Chief Monetary Officer and Interim Assistant Metropolis Supervisor. “From the management perspective, I’m extraordinarily happy with the event and execution of the finances course of throughout the previous years, which demonstrates each division’s dedication to reaching excellence.”
Gimenez mentioned he’s lucky to work with a crew dedicated to delivering excellence and professionalism.
“Due to their onerous work through the years, the Metropolis has achieved quite a few awards in monetary reporting and presentation,” he mentioned. “We’re all the time on the lookout for methods to enhance our operations and that is mirrored within the quite a few monetary awards acquired in previous years.”
WHAT YOU SHOULD KNOW
• The Metropolis of South Padre Island not too long ago acquired the Distinguished Funds Presentation Award from the Authorities Finance Officers Affiliation (GFOA) for the 2018-2019 Fiscal 12 months Funds.
• The GFOA is a nonprofit skilled affiliation serving almost 19,000 authorities finance professionals all through North America.
• The GFOA’s Distinguished Funds Presentation Awards Program is the one nationwide awards program in governmental budgeting.