Philadelphia, November 14, 2013– The City of Philadelphia has received the Distinguished Budget Presentation Award for its Fiscal Year 2014 (FY14) budget by the Government Finance Officers Association of the United States and Canada (GFOA). The GFOA also presented Budget Director Rebecca Rhynhart with a Certificate of Recognition for Budget Presentation, which highlights her role and responsibility in the Philadelphia budgeting process.
“The Distinguished Budget Presentation Award is a significant achievement for the Department of Finance and the Office of Budget and Program Evaluation, acknowledging the hard work of and commitment to the responsible financial stewardship of the City by Finance Director Rob Dubow, Budget Director Rebecca Rhynhart and their staff,” said Mayor Michael A. Nutter. “This is the first time in 25 years that the City has received the Distinguished Budget Presentation Award. I am proud of our Administration and this great accomplishment.”
GFOA’s Distinguished Budget Presentation Award is awarded to entities that satisfy nationally recognized guidelines for budget presentation, including assessing how well the budget serves as a policy document, financial plan, operations guide and communications device.
“This award is the highest form of recognition in governmental budgeting and represents a significant achievement by the City of Philadelphia. Through your example, we hope that other entities will be encouraged to achieve excellence in budgeting,” said Stephan J. Gauthier, Director, Technical Services Center of the GFOA.
The Government Finance Officers Association is a non-profit professional association serving over 17,800 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.