City Receives GFOA Distinguished Budget Presentation Award
In a video message at the September 4, 2018 Common Council meeting, the Government Finance Officers Association (GFOA) announced that the City of Oak Creek has received their Distinguished Budget Presentation Award for the 2018 Adopted Budget.
One goal of the City's recent Strategic Action Plan was to evolve the communication of the budget process, beginning with the 2018 budget document. As such, improvements were made to this document, which not only serves as a financial blueprint and communication device, but also demonstrates our ongoing commitment to financial transparency. After the adoption of the 2018 budget, the City's Finance Department submitted the completed document for GFOA award consideration.
The GFOA Distinguished Budget Presentation Award is considered the gold standard for local government budgeting practices, and we are pleased to receive this honor! In 2017, only 22 Wisconsin municipalities received the award. As of September 2018, Oak Creek is one of only six municipalities to have attained this recognition.